EU strikes deal on Trump trade pact – POLITICO

STRASBOURG — The European Union agreed early Wednesday morning to implement a trade deal with the United States, likely averting a threat by President Donald Trump to punish further delay with oppressive tariffs.

Negotiators from the European Parliament, the Council of the EU and the European Commission reached a compromise after more than five hours of talks on legislation to enact the accord struck last summer at Trump’s golf resort in Turnberry, Scotland. 

Under that pact, the EU agreed to scrap tariffs on U.S. industrial and some farm goods, while Washington was to cap tariffs on most European exports at 15 percent. But the bloc slow-walked its deliberations after Trump in January threatened to seize Greenland, a Danish territory, and then again after the U.S. Supreme Court struck down much of his tariff agenda.