EU Trade Chief Delays Trump-Era Pact to Lock in Guardrails

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Source: politico.eu
EU Trade Chief Delays Trump-Era Pact to Lock in Guardrails
Photo: politico.eu
TL;DR

Bernd Lange, head of the European Parliament’s trade committee, leveraged parliamentary leverage to slow the EU–US trade deal, insisting on safeguards. He pushed for instruments like a sunrise clause, a mechanism to suspend concessions, and an explicit expiry, arguing the pact needed protection against Trump-era threats. After months of wrangling, a compromise text was agreed that grants the Commission more discretion to assess U.S. compliance and allows suspension if Washington does not lower steel/aluminum duties by the end of 2026, with the deal’s expiry now set for the end of 2029, signaling a cautious, guarded path forward for transatlantic trade relations.

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