With the publication of Regulation (EU) 2026/1455, the new trade agreement between the EU and the United States has formally entered into force. The regulation governs both the abolition of remaining EU customs duties on industrial goods from the US and the opening of tariff quotas and reduced tariffs for selected American agricultural and fishery products. This marks an important step towards a more stable and predictable transatlantic trade climate.
The European Union has committed to applying 0% import duty on virtually all industrial goods originating in the United States. The European Union is also opening tariff quotas and reduced tariffs for non-sensitive agricultural products and various fishery products from the US. The tariff-free import of (including processed) lobster is being extended.
