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EU seeks trade safeguards against U.S. import surges under new deal, with review and retaliation options pending.
European Union governments are pushing for safeguards in a new trade deal with the U.S., seeking the ability to suspend tariff cuts if a surge in U.S. imports threatens European industries.
The July agreement imposes a 15% U.S. tariff on most EU goods while the EU removes many tariffs on U.S. industrial, agricultural, and seafood products.
EU leaders want a review clause, a market impact report by 2028, and mechanisms to respond if the U.S. deviates from terms.
The European Parliament is considering similar protections and urging the U.S. to lift 50% tariffs on 407 steel and aluminum products, warning of retaliatory tariffs if unresolved.
Final approval depends on agreement between EU institutions and member states.
La UE busca salvaguardas comerciales contra el aumento de las importaciones estadounidenses en virtud del nuevo acuerdo, con opciones de revisión y represalias pendientes.