EU states gave their final nod on Thursday (June 25) to a year-old tariff-pending deal with the United States. The deal is set to enter into force before the July 4 deadline marked by President Donald Trump. Trapped between Trump and EU chief Ursula von der Leyen in July 2025, the development sets levies of 15 per cent on several EU exports to the United States, along with zero tariffs for US industrial goods coming into the 27-nation bloc.&nbsp;However, the European Union had not yet completed its part of the agreement, as months of delays were triggered by Trump's remarks regarding Greenland and a US Supreme Court ruling that invalidated several of his tariffs. The latest approval from EU member states, which had previously endorsed the deal in principle, removes the bloc's final legislative obstacle after the European Parliament backed it earlier this month.&nbsp;Also read: <a href="https://www.wionews.com/india-news/can-india-withstand-another-west-asia-crisis-how-israel-hezbollah-iran-tensions-could-hit-its-energy-security-wion-decodes-1782374369218">Can India withstand another West Asia crisis? How Israel-Hezbollah-Iran tensions could hit its energy security | WION Decodes</a>&nbsp;"The deal's approval confirms the EU's commitment to a stable, predictable and mutually beneficial transatlantic trade relationship, while preserving the necessary guardrails to protect European economic interests," an EU statement said. Lawmakers also incorporated several protective measures into the agreement, including granting the European Commission authority to suspend the pact if the United States fails to honour its obligations or takes actions that undermine trade and investment ties. Parliament also came up with an expiration date of end-2029, until and unless the agreement is renewed by then. "Openness must go hand in hand with safeguarding our interests," said Michael Damianos, the commerce minister for Cyprus which holds the EU's rotating presidency. "These measures achieve both, supporting stable and predictable trade flows with the US while ensuring the EU can respond swiftly and proportionately when the deal is not respected or its interests are at stake," he added. &nbsp;

 The latest approval from EU member states, which had previously endorsed the deal in principle, removes the bloc's final legislative obstacle after the European Parliament backed it earlier this month.

EU states gave their final nod on Thursday (June 25) to a year-old tariff-pending deal with the United States. The deal is set to enter into force before the July 4 deadline marked by President Donald Trump. Trapped between Trump and EU chief Ursula von der Leyen in July 2025, the development sets levies of 15 per cent on several EU exports to the United States, along with zero tariffs for US industrial goods coming into the 27-nation bloc. However, the European Union had not yet completed its part of the agreement, as months of delays were triggered by Trump's remarks regarding Greenland and a US Supreme Court ruling that invalidated several of his tariffs. The latest approval from EU member states, which had previously endorsed the deal in principle, removes the bloc's final legislative obstacle after the European Parliament backed it earlier this month. Also read: Can India withstand another West Asia crisis? How Israel-Hezbollah-Iran tensions could hit its energy security | WION Decodes "The deal's approval confirms the EU's commitment to a stable, predictable and mutually beneficial transatlantic trade relationship, while preserving the necessary guardrails to protect European economic interests," an EU statement said. Lawmakers also incorporated several protective measures into the agreement, including granting the European Commission authority to suspend the pact if the United States fails to honour its obligations or takes actions that undermine trade and investment ties. Parliament also came up with an expiration date of end-2029, until and unless the agreement is renewed by then. "Openness must go hand in hand with safeguarding our interests," said Michael Damianos, the commerce minister for Cyprus which holds the EU's rotating presidency. "These measures achieve both, supporting stable and predictable trade flows with the US while ensuring the EU can respond swiftly and proportionately when the deal is not respected or its interests are at stake," he added.

&nbsp;The latest approval from EU member states, which had previously endorsed the deal in principle, removes the bloc's final legislative obstacle after the European Parliament backed it earlier this month.

EU gives final approval to US trade deal, set to take effect before Trump's given deadline

US President Donald Trump on Sunday (Jul 6) confirmed that he would start sending the first letters on tariffs and trade deals to several countries on Monday (Jul 7) as the deadline for the temporary pause on duties nears. Trump had earlier said he was expecting the first batch of letters to go out on Friday, the US Independence Day, but the date was pushed further. Shortly after the announcement was made, the president also threatened an additional 10 per cent tariff on any country aligning itself with BRICS. This comes as the intergovernmental organisation is holding its 17th summit in Brazil.&nbsp;“I am pleased to announce that the UNITED STATES TARIFF Letters, and/or Deals, with various Countries from around the World, will be delivered starting 12:00 P.M. (Eastern), Monday, July 7th,” Trump wrote on his Truth Social platform.&nbsp;Earlier, Trump had said that he had signed letters to 12 countries outlining the various tariff levels with the “take it or leave it” offers. He made the statement while speaking to reporters aboard Air Force One, adding that the names of the countries would be made public on Monday.&nbsp;Unleashing a global trade war, Trump in April announced ‘Liberation Day’ tariffs of a 10 per cent base levy rate and additional duties for most countries, some ranging as high as 50 per cent. However, the US president suspended the tariffs for 90 days, allowing more time for negotiations to secure deals. The deadline ends on July 9.&nbsp;On Friday, Trump said that the imposed tariffs can even be higher than the earlier set percentage, ranging as high as 70 per cent, with most expected to go into effect on August 1.&nbsp;“I signed some letters and they’ll go out on Monday, probably twelve,” Trump had said. “Different amounts of money, different amounts of tariffs.”&nbsp;The only trade partners to reach an agreement with the US are Britain and Vietnam. While the UK reached a deal in May to keep a 10 per cent rate with preferential treatment for some sectors, including autos and aircraft engines, Vietnam has managed to agree on 20 per cent tariffs from the earlier 46 per cent threatened by Trump.&nbsp;A trade deal with India has failed to materialise, while EU officials said on Friday that they failed to achieve a breakthrough in trade negotiations with the Trump administration, adding that they seek to extend the status quo to avoid hefty tariffs.

On Friday, Trump said that the imposed tariffs can even be higher than the earlier set percentage, ranging as high as 70 per cent, with most expected to go into effect on August 1.

US President Donald Trump on Sunday (Jul 6) confirmed that he would start sending the first letters on tariffs and trade deals to several countries on Monday (Jul 7) as the deadline for the temporary pause on duties nears. Trump had earlier said he was expecting the first batch of letters to go out on Friday, the US Independence Day, but the date was pushed further. Shortly after the announcement was made, the president also threatened an additional 10 per cent tariff on any country aligning itself with BRICS. This comes as the intergovernmental organisation is holding its 17th summit in Brazil. “I am pleased to announce that the UNITED STATES TARIFF Letters, and/or Deals, with various Countries from around the World, will be delivered starting 12:00 P.M. (Eastern), Monday, July 7th,” Trump wrote on his Truth Social platform. Earlier, Trump had said that he had signed letters to 12 countries outlining the various tariff levels with the “take it or leave it” offers. He made the statement while speaking to reporters aboard Air Force One, adding that the names of the countries would be made public on Monday. Unleashing a global trade war, Trump in April announced ‘Liberation Day’ tariffs of a 10 per cent base levy rate and additional duties for most countries, some ranging as high as 50 per cent. However, the US president suspended the tariffs for 90 days, allowing more time for negotiations to secure deals. The deadline ends on July 9. On Friday, Trump said that the imposed tariffs can even be higher than the earlier set percentage, ranging as high as 70 per cent, with most expected to go into effect on August 1. “I signed some letters and they’ll go out on Monday, probably twelve,” Trump had said. “Different amounts of money, different amounts of tariffs.” The only trade partners to reach an agreement with the US are Britain and Vietnam. While the UK reached a deal in May to keep a 10 per cent rate with preferential treatment for some sectors, including autos and aircraft engines, Vietnam has managed to agree on 20 per cent tariffs from the earlier 46 per cent threatened by Trump. A trade deal with India has failed to materialise, while EU officials said on Friday that they failed to achieve a breakthrough in trade negotiations with the Trump administration, adding that they seek to extend the status quo to avoid hefty tariffs.

On Friday, Trump said that the imposed tariffs can even be higher than the earlier set percentage, ranging as high as 70 per cent, with most expected to go into effect on August 1.

Trump confirms ‘UNITED STATES TARIFF Letters’ to be sent to various countries on Monday at THIS time

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EU gives final approval to US trade deal, set to take effect before Trump's given deadline

Trump confirms ‘UNITED STATES TARIFF Letters’ to be sent to various countries