The European Union plans to share paper with the US next week, which sets a package of proposals to start business negotiations with Trump Administration.
The contribution will propose a reduction in business and non-tariff barriers and strengthen European investments in the US, cooperating on global challenges such as exaggerated steel capacity and buying American goods such as liquefied natural gas and technology, according to people who are with this matter.
Plans could still change because the European Commission, the EU’s executive arm, which processes trade matters for block, continues to consult with Member States, he said that people who spoke on condition of anonymity.
Commission spokesman refused to comment.
The EU is also going forward with plans for retaliation over the tariffs that President Donald Trump imposed on a block would, according to people, fail. These plans include more lists of American goods that hit tariffs, as well as possible export limitation, Bloomberg had previously reported.
At the beginning of this month, the EU agreed for 90 days to postpone the implementation of a countermeasure file against the US over 25% of Trump’s duties imposed on steel and aluminum exports. This step came after the US President reduced his so -called reciprocal rate on most EU exports from 20% to 10% for the same time.
Trump also imposed a 25% obligation for cars and some parts. The President said he would push forward with the plans to focus on semiconductors and pharmaceutical imports.
The EU and the US have so far have made small progress in interviews focused on the disposal of the conflict, and several government officials told Bloomberg at the beginning of this week that they believe that many of the US tariffs were here to stay.
Trump Administration has increased complaints about business deficit in goods with the EU, as well as through several regulations and standards of the block.
Bloc is also preparing for the worst scenarios that could see Spar EU and the US in litigation in the world trade organization. It is also preparing to solve any business diversion that could result from 145% of Trump tariffs, which was placed on many Chinese exports.
With the help of Michael Nienber, Kamil Kowalcz and Jorge Valer.
This article was generated from an automated news agency without text modifications.
(Tagstotranslate) European Union (T) Business Negotiations (T) Trump Administration (T) Tariffs (T) US Goods
