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.
🇪🇺🇺🇸 With today’s adoption of the negotiating directives for trade talks, #EU is offering on what @realDonaldTrump and I have agreed. Slashing tariffs on industrial products and solutions could lead to supplemental boost in EU and U.S. exports truly worth €26 bn. #WinWinhttps://t.co/MjqiM9op4M pic.twitter.com/eFRHmdnx00
— Jean-Claude Juncker (@JunckerEU) April 15, 2019
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