Episode
EU-US Trade Deal: Final Push to Avoid Car Tariffs
- Published
- May 18, 2026
- Duration seconds
- 100
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Summary
EU-US Trade Deal Hangs in the Balance: Pressure Mounts as Talks Stall The European Commission is pushing for member states and the European Parliament to finalize a trade deal with the US, which was agreed upon last August. The deal involves the EU dropping tariffs on most American industrial products. However, negotiations between the Parliaments trade committee and member states have broken down, with no progress made. President Trumps threat to impose a 25% tariff on European cars if the deal isnt ratified has added pressure. Some EU lawmakers want to hold off on the agreement until existing tariffs on European steel are removed. Despite setbacks, officials believe progress was made in the last round of talks, and the European Commission spokesperson expressed confidence in reaching a final deal tomorrow. The main takeaway is that many European capitals want the agreement finalized quickly to avoid potential car tariffs, and the Commission is committed to strengthening the transatlantic trade relationship. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/fe948f755ddfe178