Economics

U.S.-EU ‘Mini’ Tariff-Cutting Deal Clears Final Hurdle in Europe

  • European Parliament approves end of EU duties on U.S. lobster
  • U.S. to halve levies on some EU goods under $200 million pact
Photographer: Bing Guan/Bloomberg
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The European Union removed tariffs on U.S. lobster, making good on a pledge meant to improve transatlantic trade ties strained by the “America First” agenda of outgoing President Donald Trump.