The European Parliament approved a conditional trade deal with the US that reduces tariffs on American industrial goods while capping US levies on European products at 15 percent.Lawmakers included a sunset clause expiring in March 2028 and reciprocal steel requirements to protect local industries from potential shifts in Washington trade policy.This agreement follows negotiations between
Ursula von der Leyen and
Donald Trump as the
EU simultaneously pursues trade diversification with partners like
India and
Australia.