RSS XML

Potshot

Free Premium




European Union sets in motion trade pact talks with US

Business | Apr 15, 2019 19:33
<p>European Union countries have approved the conditions for negotiating a new and strictly limited trade deal with the United Sates, paving the way for talks to begin.</p><p>EU headquarters said today that the agreement will focus on eliminating tariffs on industrial goods only, and would not include agricultural products despite U.S. demands they be on the table.</p><p>European Commission President Jean-Claude Juncker met President Donald Trump last July to head off a looming trans-Atlantic trade war after Trump slapped tariffs on imports of EU steel and aluminum.</p><p>EU Trade Commissioner Cecilia Malmstrom welcomed the agreement, saying: &ldquo;We are now ready to move ahead into the next phase of EU-U.S. Relations.&rdquo;</p><p>Malmstrom says this is separate from a previous trade negotiation, known as TTIP, which is officially &ldquo;in the freezer.&rdquo;-AP</p>


Search Archive

Advanced Search
April 2019
S M T W T F S