00:01The European Parliament voted on Tuesday to adopt the EU-US deal struck last summer by U.S. President Donald
00:08Trump and European Commission President Ursula von der Leyen in Turnberry.
00:13The final green light needed to implement the agreement comes as Trump threatened on Monday to impose tariffs on French
00:20wine and champagne if Paris did not remove its digital tax on U.S. big tech.
00:25The vote allows the EU to remove its duties on most U.S. industrial goods, while Europeans commit to paying
00:3215% U.S. tariffs on goods exported to the United States.
00:37Since Trump has shown that he is willing to use tariffs as a cohesive tool against European partners on issues
00:44unrelated to trade, EU lawmakers sought to introduce safeguards into the agreement to shield it from future pressure from the
00:51U.S. administration.
00:52A sunset clause was introduced into the final agreement to end the trade deal on the 31st of March 2029,
01:01at which point Trump's term will be over unless it is renewed.
01:06MEPs also secured a provision allowing the Commission to suspend the trade agreement at the request of either Parliament or
01:13a member state if the U.S. fails to lift tariffs on European steel and aluminium by the end of
01:192026.
01:22That's true.
01:23MEPs also configured as against
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