EU approves tariff measures to implement trade deal with US

EU approves tariff measures to implement trade deal with US

The European Union (EU) has approved two regulations to implement tariff commitments under the EU-US Joint Statement of August 21, 2025.

The move marks a major step in a transatlantic trade agreement.

The Council's approval eliminates remaining EU customs duties on US industrial goods and provides preferential access for certain US seafood and non-sensitive agricultural products through tariff rate quotas and reduced tariffs.

EU extends lobster import duty suspension

The regulations also extend the suspension of duties on lobster imports, including processed lobster, from all countries on a most-favored-nation basis.

Cyprus's Minister of Energy, Commerce and Industry, Michael Damianos, stressed the bloc's commitment to a strong transatlantic partnership with its historic ally while ensuring European interests are safeguarded.

He said these measures support stable trade flows with the US while allowing swift responses if the deal is violated.