EU Parliament Advances Trade Deal with US Tariffs Capped at 15% Amid Deindustrialization Concerns and Safeguard Measures

Welcome to European Union Tariff News and Tracker, your go-to source for the latest on transatlantic trade tensions. As of February 11, 2026, the US under President Trump maintains a 15% tariff floor on most EU exports, including autos, pharmaceuticals, and semiconductors, down from higher rates announced earlier, according to Global Trade Alert's real-time tariff watch. This stems from the July 2025 US-EU Cooperation Agreement, where the EU committed to zero-for-zero tariffs on US industrial goods, $750 billion in US energy purchases, and €40 billion in AI chips, while the US capped duties at 15% via an executive order effective August 2025. Fresh developments this week: Euronews reports that European Parliament political groups agreed on February 10 to advance the deal's ratification, adding safeguards like a sunset clause expiring EU tariff relief in March 2028 unless renewed, and automatic re-tariffing if the US doesn't cut rates to 15% on over 400 steel products within six months. Table.media and Politico confirm rapporteurs demand US compliance within six months or face EU reimposition of steel tariffs. The Parliament's International Trade Committee votes February 24, with plenary in March, per GMK Center. Le Monde highlights Europe's pushback, with French officials like Clément Beaune urging 30% tariffs on China amid Trump's 15% EU duties fueling deindustrialization fears, as Mario Draghi's 2024 competitiveness report gains traction at this week's Brussels summit. DIHK notes average US tariffs on EU goods jumped from under 2% in early 2025 to at least 15%, with steel and copper at 50% or higher, burdening German exporters despite the deal. Meanwhile, similar 15% caps apply to partners like Switzerland, South Korea, and Japan, per Global Trade Alert, signaling Trump's reciprocal trade strategy. Export.org.uk adds US House lawmakers rebuffed a Trump tariff defense measure, hinting domestic pushback. Listeners, stay tuned as Parliament negotiates with member states—these clauses protect EU interests amid ongoing uncertainty. Thank you for tuning in, and don't forget to subscribe for weekly updates. This has been a Quiet Please production, for more check out quietplease.ai. For more check out https://www.quietperiodplease.com/ Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q This content was created in partnership and with the help of Artificial Intelligence AI.