The deal is done, and European businesses will finally have the certainty they have been waiting for.
A balanced EU–US tariff agreement will bring stability, predictability and legal certainty across the Atlantic.
"Thanks to the leadership of the EPP Group, co-legislators have reached an agreement on trade between the EU and the US, preventing a serious escalation of transatlantic trade tensions," says @ZovkoEU
During months of negotiations, the EPP Group repeatedly warned against the economic consequences of a tariff escalation between the EU and the US, insisting that Europe could not afford a trade conflict with its most important strategic and economic partner.
The EPP Group pushed for a deal that would shield European companies, investments and jobs from prolonged uncertainty, while addressing growing industry concerns about the lack of predictability in transatlantic trade relations.
Video
---
https://nitter.net/EPPGroup/status/2056970684861976831#m