Published by Global Banking & Finance Review®
Posted on March 4, 2026
3 min readLast updated: April 2, 2026
Add as preferred source on GoogleEU Parliament has suspended indefinitely its work on implementing the Turnberry EU‑US trade deal, citing concerns over US tariff threats and lack of balance in the agreement.
BRUSSELS, March 4 (Reuters) - EU lawmakers have decided against resuming work on legislative proposals related to the EU‑U.S. trade deal, arguing there is no clarity from Washington that the United States will stick to its side of the agreement.
Bernd Lange, the chair of European Parliament's trade committee, said the majority of lawmakers meeting on Wednesday had agreed to reassess the situation next week, adding that a new blanket tariff imposed by Washington last month created uncertainty.
"Businesses & consumers need stable tariff regime & we still don’t have that. Cannot take decisions in a vacuum. Would be irresponsible to adopt legislation without legal certainty," he said in a post on X.
The European Commission is now expected to brief lawmakers next week on the state of EU-U.S. trade relations ahead of a possible vote by the European Parliament's trade committee on March 18-19, officials in the parliament said. The vote, a necessary step towards approval of the U.S. trade deal, has twice been delayed.
The EU assembly has been debating legislative proposals to remove many EU import duties on U.S. goods, a key part of the deal struck in Turnberry, Scotland, last July, as well as to continue zero duties for U.S. lobsters, initially agreed with Trump in 2020. The proposals require approval by the parliament and EU governments.
Many lawmakers have complained that the trade deal is lopsided, with the EU required to cut most import duties while the U.S. sticks to a broad rate of 15%. However, they had previously appeared willing to accept it, albeit with conditions, such as an 18-month sunset clause and measures to respond to possible surges of U.S. imports.
The parliament's trade committee had initially been due to vote on the legislation in January but suspended the vote in protest over Trump's demands to acquire Greenland and impose tariffs on European allies who opposed him.
A vote in February was paused after Washington imposed a blanket 10% import surcharge, which has increased the overall charge due on some EU exports to the United States. The surcharge could rise to 15% this week.
(Reporting by Philip Blenkinsop, Editing by Charlotte Van Campenhout, William Maclean)
EU lawmakers extended the freeze due to concerns about the imbalance in tariff reductions, with the EU required to cut more import duties than the US.
Debates involve proposals to lift many EU import duties on US goods and continue zero duties for US lobsters.
Lawmakers previously discussed accepting the deal with an 18-month sunset clause and measures against surges in US imports.
The trade proposals need approval from both the European Parliament and EU member governments.
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