FILE PHOTO: Containers are seen at the loading terminal "Altenwerder" in the port of Hamburg, Germany, February 17, 2025. REUTERS/Fabian Bimmer/File Photo
FILE PHOTO: Containers are seen at the loading terminal "Altenwerder" in the port of Hamburg, Germany, February 17, 2025. REUTERS/Fabian Bimmer/File Photo
Home » News » Business & Economy » European Parliament committee moves to cut US tariffs, averting a trade clash
Business & Economy

European Parliament committee moves to cut US tariffs, averting a trade clash

BRUSSELS, June 2 (Reuters) – A European Parliament committee voted on Tuesday to remove EU import duties on many U.S. goods, a step to comply with the trade deal agreed with the United States last year and avert the return of transatlantic tariff conflict.

The legislation still needs to be approved by the full EU assembly in mid-June, but the committee backing on Tuesday gives a strong indication of how that decisive vote will go. 

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(Reporting by Phil Blenkinsop;Editing by Sudip Kar-Gupta)

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