For a list of trade agreements between the European Union and other countries in the world, as well as concise explanations of these agreements, please consult EU Trade Agreements.

Under an EU-U.S. agreement, the European Union eliminated tariffs on imports of certain live and frozen lobster products on a Most-Favored-Nation (MFN) basis, retroactive to August 1, 2020. European Union tariffs will be eliminated for a period of five years, and the European Commission will initiate procedures aimed at making the tariff elimination permanent. The United States reduced by fifty percent its tariff rates on prepared meals, certain crystal glassware, surface preparations, propellant powders, cigarette lighters, and lighter parts. United States tariff reductions are also on an MFN basis and retroactive to August 1, 2020.