The European Parliament failed to pass a resolution on Thursday (14 March) supporting the start of negotiations with the US on removing tariffs for industrial goods, worsening the prospects of de-escalating trade tensions between Brussels and Washington.
The negative vote followed the divisions among member states on whether to start trade talks with US President Donald Trump to remove the tariffs and progress on standards alignment.
Although the resolution is not binding, the parliament has to approve any deal agreed signed with the US, and EU governments said they wanted to hear the view of lawmakers before deciding. Click here to read more.
- European Parliament Fails to Offer Direction on U.S. Trade Talks (Politico)
- European Parliament Deals Setback to EU-US Trade Talks (Rappler)
- In Sign of Rift Over Trump, EU Parliament Nixes Own Trade Report (Bloomberg)
- Bipartisan Letter from Congress Reps to USTR Lighthizer re Including Ag in EU Trade Talks
- Trump Warns EU of ‘Severe’ Economic Pain if No Progress on Trade Talks (Financial Times)