Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Gulf Supply Disruptions Sustain Oil Prices Above $100 Level

    September 11, 2026

    iPhone 18 Pro Incorporates A20 Pro Chip and Extended Battery Duration

    September 10, 2026

    Dow Jones declines as oil surpasses $100 amid rising bond yields

    September 10, 2026
    Indianapolis InquirerIndianapolis Inquirer
    • Automotive

      Audi launches Q9 and high performance SQ9 V8 SUV variants

      July 31, 2026

      Ford recalls nearly 420,000 SUVs over seat belt issue

      June 4, 2026

      Mercedes-Benz USA unveils 2027 S-Class with MB.OS tech

      January 30, 2026

      Ford issues US recall for Escape Focus Explorer and Lincoln MKC

      January 22, 2026

      New Porsche Cayenne Electric delivers 850kw power and 2.5s acceleration

      November 19, 2025
    • Business

      Gulf Supply Disruptions Sustain Oil Prices Above $100 Level

      September 11, 2026

      Dow Jones declines as oil surpasses $100 amid rising bond yields

      September 10, 2026

      Treasury Yields Halt as Scott Bessent Expands Bond Repurchase Initiatives

      September 9, 2026

      U.S. Diesel Prices Hit $5.88 as Supply Constraints Intensify

      September 7, 2026

      Tariff Refund Boosts Lululemon’s Q2 Earnings Beyond Expectations

      September 4, 2026
    • Entertainment

      Sony confirms God of War trilogy remake and PS5 prequel

      February 13, 2026

      Hollywood debate grows after Ben Affleck questions AI disruption

      January 27, 2026

      Fantastic Four drives highest Marvel opening since Deadpool

      July 27, 2025

      Disney and Marvel’s R-rated film hits billion-dollar milestone

      August 17, 2024

      Web3 leader Immutable rolls out $50M gaming rewards initiative

      April 27, 2024
    • Health

      FDA Updates Recall of Lundberg Family Farms White Jasmine Rice Due to Foreign Object Contamination

      August 31, 2026

      FDA Approves Rasonque Based on Targeted RAS Pathway Inhibition for Metastatic Pancreatic Cancer

      August 27, 2026

      Ebola Outbreak in Congo Reveals Critical Gaps in Emergency Response Capabilities

      August 6, 2026

      Michigan cyclospora cases reach 11,234 with two deaths

      August 4, 2026

      New soft drink dementia warning highlights cognitive risks

      July 27, 2026
    • Lifestyle

      Apple and ISSEY MIYAKE unveil new 3D-knit iPhone Pocket

      November 13, 2025

      JP Morgan funds Fresha with $31 million for AI and robotics growth

      August 23, 2024

      Adidas, Highsnobiety debut limited-edition sneakers

      January 6, 2024

      Unraveling Starbucks’ phenomenon as a worldwide coffee powerhouse

      September 1, 2023

      How Nike’s Kobe 8 Protro Halo Marks an Emotional Milestone

      August 29, 2023
    • Luxury

      Price hikes and lack of innovation erode luxury market confidence

      November 18, 2024

      Uncover the allure of Rolex Deepsea – luxury awaits.

      April 10, 2024

      Beyond timekeeping to the prestige of the Rolex Day-Date

      March 2, 2024

      Rare uncut emerald dazzles at Sharjah show

      February 1, 2024

      Porsche and Frauscher launch the electric 850 Fantom Air

      October 17, 2023
    • News

      Economic Advantages of Integrated Air Quality and Climate Strategies Projected at 15-to-1 Ratio

      September 9, 2026

      Satellite Image Highlights U.S. Flag Spanning North America and Beyond

      September 8, 2026

      North Carolina Marks Start of Mail-In Voting with Ballot Distribution Underway

      September 7, 2026

      Pacific Support Package Surpasses $150 Million Focused on Infrastructure and Security Technologies

      September 3, 2026

      NHC Reports Rapid Strengthening of Hurricane Karina into a Major Storm

      September 1, 2026
    • Sports

      Spain beat Portugal to reach World Cup quarter-finals

      July 7, 2026

      Norway beats Brazil to reach World Cup last eight

      July 6, 2026

      Egypt oust Australia on penalties to reach World Cup last 16

      July 4, 2026

      Spain defeats Austria 3-0 to enter World Cup last 16

      July 3, 2026

      Kane double sends England past Congo DR at World Cup

      July 2, 2026
    • Technology

      iPhone 18 Pro Incorporates A20 Pro Chip and Extended Battery Duration

      September 10, 2026

      Nvidia’s $12.93 Billion Deal Aims to Integrate Hugging Face’s Open Platform Architecture

      September 4, 2026

      Nvidia’s AI Server Prices Set to Surge Over 15% in 2027 Based on Component Costs

      August 24, 2026

      Court in New Mexico mandates Meta to allocate $567 million for youth mental health initiatives based on legal ruling

      August 8, 2026

      OpenAI drops text chat limits on ChatGPT Free and Go

      August 7, 2026
    • Travel

      US Travel Alert Highlights Increased Risks of Crime and Terrorism in Belgium’s Transportation Systems

      August 6, 2026

      Maine tourism feels strain as Canadian travel drops

      March 30, 2026

      Houston Bush airport warns of four-hour TSA lines

      March 26, 2026

      US winter storm disrupts flights nationwide

      March 17, 2026

      U.S. inbound travel declined in 2025 even as global tourism rose

      January 28, 2026
    Indianapolis InquirerIndianapolis Inquirer
    Home » European Parliament revives EU-US trade deal process
    Business

    European Parliament revives EU-US trade deal process

    March 18, 2026
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    BRUSSELS: The European Parliament moved on Tuesday to restart work on legislation tied to the EU-US trade framework agreed in Turnberry, Scotland, setting up a committee vote this week after months of delay. The measures would implement parts of the deal by lowering EU duties on U.S. industrial goods, widening access for selected U.S. farm and seafood products and extending zero tariffs on U.S. lobster. The decision marks the clearest step yet toward reviving the parliamentary process after two suspensions earlier this year.

    European Parliament revives EU-US trade deal process
    European Parliament revives EU-US trade legislation after months of delay. (AI-generated image)

    The legislation covers the EU side of the 2025 framework agreement, under which Brussels said it intended to eliminate tariffs on all U.S. industrial goods and expand access for a range of American products including dairy, tree nuts, fruits, vegetables, soybean oil, pork and bison. The joint statement also provided for continuation of the lobster arrangement first agreed in 2020. In return, the United States committed to apply the higher of its Most Favoured Nation tariff or 15% on EU goods, with only MFN duties for certain sectors including aircraft and generic pharmaceuticals.

    European Lawmakers broke the latest deadlock after adding a “sunrise clause” that would make the EU’s tariff cuts conditional on Washington carrying out its side of the agreement. That amendment was added after repeated concerns in Parliament that U.S. actions were no longer aligned with the terms endorsed in Turnberry. The revised text allowed members of the Parliament’s trade committee to put the files back on the agenda for a vote on Thursday, March 19, reopening a ratification track that had been stalled since January.

    Conditional safeguard added

    Parliamentary work had been halted twice in 2026. In January, members froze the process amid wider transatlantic tensions. In February, lawmakers again put the two files on hold after a U.S. Supreme Court ruling against the use of the International Emergency Economic Powers Act, or IEEPA, raised fresh questions over how Washington would implement tariff measures. Parliament said a fallback based on Section 122 would push the applied rate on EU imports above the 15% ceiling laid out in the framework agreement.

    The latest committee vote does not complete the legislative process. The two proposals still need to move through the European Parliament’s formal procedures and then be reconciled with the position of EU governments before they can take effect. Parliament’s trade committee has been handling two separate proposals linked to the tariff package, and its reports are intended to feed into the bloc’s first reading position. EU officials have said the renewed vote clears an important procedural obstacle, but does not amount to final approval of the trade package.

    Next steps in Parliament

    The trade package has remained politically sensitive because it requires the EU to dismantle most import duties covered by the deal while the United States retains a broad 15% tariff structure for many goods. Parliament has sought legal and procedural safeguards rather than reopening the framework itself. The U.S. side of the agreement also includes provisions on automobiles and some products subject to Section 232 actions, with Washington committing to keep combined rates at or below 15% in specified cases once the EU introduces its legislation.

    Tuesday’s move keeps alive an agreement designed to stabilize one of the world’s largest trade relationships, even as lawmakers insist that implementation must track the exact terms set out by both sides in 2025. For now, the immediate test is the March 19 committee vote in Brussels, followed by negotiations between Parliament and member states on a common text. Final passage is not expected before April at the earliest. – By Content Syndication Services.

    Related Posts

    Gulf Supply Disruptions Sustain Oil Prices Above $100 Level

    September 11, 2026

    Dow Jones declines as oil surpasses $100 amid rising bond yields

    September 10, 2026

    Treasury Yields Halt as Scott Bessent Expands Bond Repurchase Initiatives

    September 9, 2026

    U.S. Diesel Prices Hit $5.88 as Supply Constraints Intensify

    September 7, 2026

    Tariff Refund Boosts Lululemon’s Q2 Earnings Beyond Expectations

    September 4, 2026

    Technical Breakthrough Sparks Over 1% Surge in Gold Prices After Recent Decline

    September 3, 2026
    Latest News

    Gulf Supply Disruptions Sustain Oil Prices Above $100 Level

    September 11, 2026

    iPhone 18 Pro Incorporates A20 Pro Chip and Extended Battery Duration

    September 10, 2026

    Dow Jones declines as oil surpasses $100 amid rising bond yields

    September 10, 2026

    Economic Advantages of Integrated Air Quality and Climate Strategies Projected at 15-to-1 Ratio

    September 9, 2026

    Treasury Yields Halt as Scott Bessent Expands Bond Repurchase Initiatives

    September 9, 2026

    Satellite Image Highlights U.S. Flag Spanning North America and Beyond

    September 8, 2026

    North Carolina Marks Start of Mail-In Voting with Ballot Distribution Underway

    September 7, 2026

    U.S. Diesel Prices Hit $5.88 as Supply Constraints Intensify

    September 7, 2026
    Business

    Gulf Supply Disruptions Sustain Oil Prices Above $100 Level

    September 11, 2026

    Dow Jones declines as oil surpasses $100 amid rising bond yields

    September 10, 2026

    Treasury Yields Halt as Scott Bessent Expands Bond Repurchase Initiatives

    September 9, 2026

    U.S. Diesel Prices Hit $5.88 as Supply Constraints Intensify

    September 7, 2026
    News

    Economic Advantages of Integrated Air Quality and Climate Strategies Projected at 15-to-1 Ratio

    September 9, 2026

    Satellite Image Highlights U.S. Flag Spanning North America and Beyond

    September 8, 2026

    North Carolina Marks Start of Mail-In Voting with Ballot Distribution Underway

    September 7, 2026

    Pacific Support Package Surpasses $150 Million Focused on Infrastructure and Security Technologies

    September 3, 2026
    Health

    FDA Updates Recall of Lundberg Family Farms White Jasmine Rice Due to Foreign Object Contamination

    August 31, 2026

    FDA Approves Rasonque Based on Targeted RAS Pathway Inhibition for Metastatic Pancreatic Cancer

    August 27, 2026

    Ebola Outbreak in Congo Reveals Critical Gaps in Emergency Response Capabilities

    August 6, 2026

    Michigan cyclospora cases reach 11,234 with two deaths

    August 4, 2026
    © 2026 Indianapolis Inquirer | All Rights Reserved
    • Home
    • Contact Us
    • Disclaimer

    Type above and press Enter to search. Press Esc to cancel.