Dossier
Turnberry Agreement
Coverage of Turnberry Agreement in the Nexus archive.
- EU says Trump’s new generic drug tariffs won’t hit its exports
The European Commission claims EU generic medicines will be exempt from Trump’s proposed 100% tariffs starting 2028, citing the 2025 Turnberry trade deal that ensures a 0% most-favored-nation tariff rate. Trump’s plan aims to boost U.S. pharmaceutical production but faces EU assertions that the deal protects European exports from higher levies.
- Tariffs: European Parliament approves Turnberry Agreement between EU and US
The European Parliament approved the Turnberry Agreement between the EU and US, aiming to eliminate tariffs. The vote occurred in Strasbourg on June 16.