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Join date : 2015-05-20
Location : United States

The EU is ready to make concessions and cancel all customs duties on American goods

on Thu Aug 30, 2018 12:58 pm
European Commissioner for Trade, Celia Malmström, said that under the new trade agreements with the US, the European Union is ready to cancel all customs duties and restrictions on the import of American industrial goods (both new and existing), if the US does the same.

Malmström reported this during a speech at the European Parliament's Trade Committee on August 30, reports Interfax.

"We said that they are ready to shift to zero duties on industrial goods, of course, if the US does the same," said the European Commissioner.

On the eve of the readiness to conclude a trade agreement with the United States and the Prime Minister of Canada. According to him, it can be signed by August 31st.

In the course of trade negotiations, EU officials called on Trump to stop threatening the introduction of 25% duty on European cars.

Recall that on July 25, trade talks between Trump and Juncker took place, on the basis of which the American president reported on finding a compromise with the EU.

August 27, Donald Trump said the United States and Mexico signed a new trade agreement .

Donald Trump introduced import duties on steel (25%) and aluminum (10%). The orders signed by the president came into force on March 23. Mexico, Canada and the EU were temporarily excluded from the list of countries.

On May 31, Trump canceled temporary exceptions for steel and aluminum from the EU, Canada, and Mexico. The EU has been told to introduce countermeasures .

The European Union and Canada were preparing to address the issue of the introduction of US customs duties on steel and aluminum through the mechanisms of the World Trade Organization. In particular, countries have already sent their complaints there.

However, on July 26, Trump informed that he would postpone the decision to impose a 25% duty on the import of European cars to the country at the time of trade negotiations.  In Ukrainian/український
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