European Parliament Trade Committee Nears Key Vote on U.S.–EU Trade Deal
Lawmakers in the European Parliament are edging closer to advancing approval of a long-negotiated trade agreement with the United States, even as political and procedural hurdles remain. After earlier work on the deal was paused in response to tariff threats related to Greenland, negotiators from the Parliament’s trade committee have resumed discussions and are preparing for a crucial vote. Sources say the trade committee could vote on the deal as early as February 24, clearing a major step toward eventual consent by the full Parliament.
The deal — agreed politically in July 2025 — aims to lower barriers on industrial and agricultural goods and solidify the transatlantic trade relationship between two of the world’s largest markets. To address earlier concerns raised by some lawmakers, negotiators are considering including safeguards that allow the EU to suspend the agreement if U.S. actions threaten member states’ security or economic interests.
While the vote in committee represents a tentative win for proponents, final approval still requires backing from the full European Parliament and all EU member governments, meaning the deal is not yet ratified. Analysts caution that geopolitical tensions and domestic political pressures could still affect the timeline.
Market Implication: A breakthrough on the U.S.–EU trade pact could boost transatlantic commerce and investor confidence, but lingering diplomatic friction and approval uncertainty may keep market reaction subdued until formal ratification is secured.
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