The European Union unblocks tariff deal with United States after ten months of negotiation

“Negotiators from the European Parliament, the Council of the European Union, and the European Commission reached a provisional agreement in the early hours of Wednesday on the final text of the tariff pact with the United States, in a decision that closes ten months of negotiations marked by pressures, threats, and successive blockages in the European Parliament. The Cypriot presidency of the Council, exercised during the first half of 2026, confirmed the breakthrough through the X social media platform and emphasized that the aim of the agreement is to "enhance a stable and predictable trade relationship" between the two blocs.

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