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flag EU seeks trade safeguards against U.S. import surges under new deal, with review and retaliation options pending.

flag 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. flag 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. flag EU leaders want a review clause, a market impact report by 2028, and mechanisms to respond if the U.S. deviates from terms. flag 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. flag Final approval depends on agreement between EU institutions and member states.

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