EU Stiffens Position in Trade Negotiations with US Amid Looming July 9 Deadline
3 week ago / Read about 0 minute
Author:小编   

With the July 9 deadline for US-EU trade negotiations fast approaching, the European Union has adopted a firmer stance towards the United States, insisting on the elimination or substantial reduction of tariffs. The EU aims to lower the current 10% benchmark tariff and reduce high tariffs in specific sectors effective July 9. EU Commissioner Maroš Šefčovič is set to meet with US officials on the 3rd to push for an agreement and prevent the imposition of steep tariffs.