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The European Union begins implementing its trade agreement with America at the beginning of July

June 30, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
The European Union begins implementing its trade agreement with America at the beginning of July

Reuters reported, citing an official regulatory report from the European Union, that the bloc's part of the trade agreement signed with the United States last year will come into effect starting July 1, 2026, including the elimination of tariffs on many American industrial goods. The agency added that the new rules will remain in effect until December 31, 2029, with the possibility of extension later, as the report indicated that the European Commission will present, when appropriate, and after a comprehensive assessment, a legislative proposal to extend the validity period of the regulation.

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