EU willing to negotiate with US to eliminate tariffs

5 months ago 9
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(NewsNation) — The European Union is consenting to enactment with the United States to destruct each tariffs connected a variety of imported goods but says the U.S. needs to supply much details astir what it wants successful a woody to scope that goal.

EU officials privation to enactment toward achieving “zero-for-zero reciprocal tariffs for each concern goods including cars,” officials said successful a connection released connected Tuesday aft meetings took spot Monday.

The EU said that the 2 parties volition person much discussions moving forward. EU Trade Chief Maros Sefcovic met with Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer.

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Monday’s gathering covered respective topics, ranging from tariffs to non-tariff barriers. The discussions besides included the exploration of the scope for a just and mutually beneficial deal. Other discussions were held astir the planetary overcapacity of alloy and aluminum arsenic good arsenic the proviso of semiconductors and pharmaceuticals, officials said.

The commissioner reiterated that the EU and the United States stock galore challenges and could code them jointly to the payment of some sides, the EU said successful a Tuesday connection summarizing the meeting.

“The EU is doing its part,” the connection said.

President Donald Trump has complained astir what helium characterizes arsenic the European Union’s unfair commercialized practices. The 27-nation bloc faces 25% tariffs connected steel, aluminum, and cars and 20% tariffs connected an array of different goods.

The European Commission, which coordinates EU commercialized policy, imposed $23 cardinal successful other duties of 25% connected a assortment of products imported from the United States.

However, the committee said past week that it would enactment commercialized retaliation measures connected clasp for 90 days to lucifer Trump’s 90-day frost connected wide tariffs arsenic a mode of leaving the doorway unfastened to negotiations.

EU officials said aft Monday’s gathering that the United States needs to specify its presumption and that, similar with immoderate negotiation, some sides indispensable bring thing to the array and that conversations indispensable spell some ways.

The Commerce Department and U.S. Trade Representatives Office did not respond Monday to inquiries from NewsNation astir the meeting.

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