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EU Advances US Trade Pact; Trump Threatens 25% Car Tariffs

5/27/2026

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Story summary
  • EU ambassadors approved the next step, greenlighting a deal with Parliament and moving the EU-US trade pact toward Council adoption.
  • President Donald Trump warned he will impose 25 percent tariffs on EU cars if the pact is not enforced by 4 July.
  • MEPs must vote on the pact between 15–18 June.
  • The pact allows the Commission to suspend it if the US does not lift steel and aluminium tariffs by end-2026.