European Parliament Approves Trade Deal with the US to Cap Tariffs and Deescalate Transatlantic Tension

The European Parliament approved a major trade agreement with the US to reduce duties on industrial goods.Lawmakers voted 440 to 151 to finalize the deal after months of negotiations between Ursula von der Leyen and Donald Trump.The agreement caps US tariffs on European goods at 15 percent to avoid potential automotive sector sanctions.Strict safeguards allow the EU to suspend the deal if the US violates terms before the 2029 expiration date.