European Commission President Ursula von der Leyen on Wednesday welcomed a provisional agreement on legislation to remove import duties on U.S. goods and called on co-legislators to move swiftly to finalize the process. EU lawmakers welcomed the breakthrough after more than five hours of talks overnight, saying it likely paves the way for the 27-nation bloc to avoid a threat by U.S. President Donald Trump to punish a further delay with higher tariffs. The agreement includes a safeguard mechanism that would let Brussels suspend tariff reductions in the event that U.S. imports harm European industry. It also allows the ... (full story)