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EU agrees terms for limited trade talks with US

EU agrees terms for limited trade talks with US
EU agrees terms for limited trade talks with US jpg&width=600&s=bn 917814

European Union nations have accepted the conditions for negotiating a new and strictly minimal trade offer with the United Sates.

EU headquarters mentioned the settlement will aim on doing away with tariffs on industrial merchandise only, and would not involve agricultural merchandise even with US requires they be on the desk.

European Fee president Jean-Claude Juncker achieved US President Donald Trump very last July to head off a looming trans-Atlantic trade war after Mr Trump slapped tariffs on imports of EU steel and aluminium.

EU trade commissioner Cecilia Malmstrom welcomed the agreement, saying: “We are now prepared to move ahead into the following stage of EU-US relations.”

Ms Malmstrom says this is separate from a previous trade negotiation, recognized as TTIP, which is formally “in the freezer”.

– Press Association



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