The European Union may remove tariffs on numerous U.S. products, but with conditions attached, according to a senior EU lawmaker. Concessions from Washington are necessary, with added safeguard and sunset clauses to any future legislation.

The European Commission's proposal is part of a broader EU-U.S. tariff agreement, which still needs European Parliament and EU government approval. The plan includes a reciprocal arrangement, with the U.S. to enforce 15% tariffs on goods from the EU. Bernd Lange, the European Parliament's chief overseer on tariff reductions, outlined five necessary conditions in a report ahead of votes in the EU assembly.

Lange highlighted criticisms of the current deal and emphasized the need for legislative improvement. He insisted the U.S. must eliminate 50% tariffs

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