[European Parliament Votes to Approve EU-US Trade Agreement Legislation] According to a report by Jinse Finance, on June 16, the European Parliament plenary session voted on June 16 local time in Strasbourg, France, to approve legislation related to the EU-US trade agreement. Following the procedure, the legislative text will subsequently be submitted to the EU Council for approval. Representatives of the European Parliament and the EU Council reached an agreement on May 20 regarding the legislative proposal for the EU-US trade agreement, agreeing to implement tariff concessions on US products exported to the EU while strengthening relevant safeguard mechanisms to protect the interests of the EU and its member states. Previously, US President Trump had threatened to significantly increase tariffs on EU products exported to the US if the EU failed to fulfill the agreement by July 4.