US EditionEU still far from tariff deal with US: French minister
- French Minister Eric Lombard stated this week the EU and US remain far from a tariff agreement.
- US President Trump imposed 10 percent tariffs on imports like steel and autos, affecting many partners including the EU.
- This action followed Trump accusing the 27-nation bloc earlier this year of acting to "screw" the United States.
- Minister Lombard said, "we're still a long way from an agreement," despite warm talks with US officials.
- A 90-day pause on potentially higher rates for EU goods expires in early July, pressing for a deal before that date.
59 Articles
59 Articles
Customs duties: the European Union "still far from an agreement" with the United States, according to Eric Lombard
"I felt the wish of our interlocutors to go as quickly as possible," said the French Minister of Economy, while Brussels was looking for a solution to the trade dispute with Washington.
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Further way to the EU's agreement with the US in the customs dispute
The European Union and the US are still a long way from an agreement in the customs dispute. "We still have a lot of work ahead of us. We need to find more concrete parameters, elements and areas of cooperation to avoid customs duties," said EU Economic Commissioner Valdis Dombrovskis on the margins of the International Monetary Fund meeting in Washington. In view of increasing trade tensions, Dombrovski expressed concerns about a possible influ…
US and EU are far from agreeing on tariffs, says EU commissioner
The United States and the European Union still have to work hard to reach an agreement that avoids the imposition of tariffs on each other's products, said the EU's Economic Commissioner, Valdis Dombrovskis, this Friday (25). The U.S. imposed 25% tariffs on cars, steel, and aluminum from the European bloc in March and a further 20% on other EU products in April. It then halved the 20% rate by July 8, setting a 90-day deadline for negotiations to…
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