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EU and U.S. closer to finalizing trade deal text

Euronews · Just In
Euronews
Euronews
Just In

The technical details of the tariff exemptions are long overdue, but the European Commission is optimistic that the text will be finalized soon as Washington has sent back suggestions.

Breakdown
  • The US has sent proposed changes to the EU for a joint trade deal statement.
  • The statement will include technical details and a list of goods exempt from tariffs. 18s
  • The EU will lower tariffs on certain goods to 15%. 50s
  • The EU will purchase €750 billion in US energy products and invest €600 billion in the US. 56s
  • Technical and political discussions between the EU and US continue to finalize the deal. 44s
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Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.