A. EU and UK
B. EU and USA
C. UK and Australia
D. EU and Mercosur
The United States (USA) and the European Union (EU) negotiated the “Turnberry Framework Agreement” as a trade agreement. It was decided upon in July 2025 at US President Donald Trump’s Turnberry golf resort in Scotland.
As part of the deal, the US agreed to cap tariffs on the majority of EU imports at 15%, and the EU agreed to remove duties on the majority of US industrial goods. The agreement was adopted by the European Parliament in March 2026 with additional safeguards, such as a “sunset clause” that would terminate the pact by March 2028 unless it was extended, but ratification was delayed because of US tariff threats and tensions over Greenland.
Key Details of the Turnberry Framework Agreement:
- The United States of America and the European Union are the parties involved.
- Negotiated: Turnberry, Scotland, in July 2025
- Key Terms: The US levies a 15% general tax on the majority of EU imports, whereas the EU removes tariffs on US industrial goods.
- Status as of March 2026: The European Parliament approved the agreement (417–154) with protections for EU interests.