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The European Commission welcomes the political agreement reached today between the European Parliament and the Council of the EU on two Regulations eliminating tariffs on all US industrial goods and providing preferential market access for certain US agricultural and seafood products, including pork, in line with the EU commitments made in the EU-US Joint Statement of 21 August 2025. The agreed final texts will now be put forward for formal adoption by the European Parliament and the Council over the coming weeks, to ensure their rapid entry into force.
The liberalised market access granted to US exports by the Regulations will ensure that goods needed by EU industry and consumers are cheaper and more readily available, without compromising on any EU sensitivities.
At the same time, in line with usual practice in EU trade agreements, the Regulations offer EU industry strong guarantees against possible trade disruptions through a safeguard clause. Regular monitoring of trade flows will allow for swift action to be taken in the event of an injurious or potentially injurious increase in exports from the US.
The Regulations also give the EU the necessary tools to enforce commitments made in the EU-US Joint Statement. In specifically defined circumstances, the Regulations would allow the EU to respond by suspending in full or in part its tariff concessions.
Today's agreement ensures that the key objectives of the EU-US Joint Statement — maintaining stable, fair, predictable and mutually beneficial transatlantic trade and investment — are achieved, and opens the path to boosting transatlantic trade by exploring further areas for reducing tariffs for EU exports.
Recognising the importance of continued engagement to resolve longstanding concerns, the European Union and the United States commit to work together to address non-tariff barriers affecting trade in food and agricultural products, including streamlining requirements for sanitary certificates for pork and dairy products.
May 19, 2026/ European Commission/ European Union.
https://ec.europa.eu/
