The European Union agreed early Wednesday morning to proceed with a provisional deal to remove import duties on U.S. goods, upholding a key part of the E.U.-U.S. trade deal as President Donald Trump’s July 4 tariff hike deadline looms.
“A deal is a deal, and the E.U. honours its commitments,” European Commission President Ursula von der Leyen said on social media. “I welcome the agreement reached by the European Parliament and the Council on reducing tariffs for U.S. industrial exports to the E.U.”
The European Council and the E.U. Parliament disclosed in an official joint statement that the provisional agreement eliminates custom duties on…
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