EU-US deal on tariffs spares European consumers from higher prices (opens in new tab)

The European Parliament has ratified a critical tariff deal with the United States, averting a potential trade war that could have significantly increased prices and limited consumer choice across both continents. This agreement, set to remain in effect until the end of 2029, represents a pragmatic step towards maintaining stable trade relations and protecting European consumers.Under the terms of the agreement, specific US industrial goods will gain duty-free access to the EU market, with ex...