EU reaches compromise to implement Turnberry trade pact with US

1 min read
Source: politico.eu
EU reaches compromise to implement Turnberry trade pact with US
Photo: politico.eu
TL;DR Summary

EU negotiators reached a compromise to implement the Turnberry trade pact with the United States, aiming to preserve the pact’s framework while giving the Commission power to suspend it if Washington doesn’t cut U.S. steel and aluminum duties by end-2026; a sunset clause would let the agreement expire in 2029, and safeguards allow suspensions if imports threaten EU industries. The text now faces a June plenary vote in Strasbourg, with some MEPs opposed, and no clause to void Turnberry over sovereignty threats; the deal’s fate hinges on a fragile political consensus in the European Parliament.

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