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EU strikes provisional agreement to finalize US trade deal

By Thomson Reuters May 19, 2026 | 7:38 PM

May 20 (Reuters) – The European Union ​struck ‌a provisional agreement on Wednesday on ‌legislation ​to ⁠remove import ⁠duties on U.S. goods, a key ​part of ⁠the ⁠trade deal ​reached with ​the United States ‌last July, in a move ⁠likely to avert higher U.S. ⁠tariffs ‌on ⁠EU products.

(Reporting ​by ‌Chandni Shah ​in ⁠Bengaluru and Philip Blenkinsop; Editing by Tom ​Hogue)