EU removes tariffs on US industrial supplies


A row of Volkswagen ID buzzing electric buses parked at the National City Ocean Pier, the main port for vehicle import and export

Kevin Carter | Getty Images News | Getty Images

this European Union Officially recommended to delete it on Thursday tariff Regarding US industrial products, key elements of the US EU Framework Trade Agreement and ensure reduction Automobile tariffs It will be traced back in early August.

The EU’s executive branch, the European Commission, said in a statement that fulfilling its duties as industrial supplies and providing “preferential market access” to certain seafood and agricultural products in the United States will “ensure the United States’ tariff reductions on important EU automatic power sectors, and restore No. 1 from 1.Yingshi August. ”

It added: “These steps help restore stability and predictability of EU trade and investment relations, thus benefiting businesses, workers and citizens on both sides of the Atlantic.”

The proposal now needs approval from the European Parliament and the Council, first outlining last week last week Joint Statement From two trading partners. In it, they said that the United States “expects the EU’s legislative proposals to be formulated by the necessary legislature.”

It said tariffs on cars will be reduced starting from the first day of January as EU legislative proposals are proposed – meaning responsibilities should be cut from August 1.

The United States and the European Union announced that they have Trade agreement reached – After weeks of intense negotiations – at the end of July. US President Donald Trump The deal will impose a 15% tariff on most European goods, including cars, on most European goods, it said.

After Trump previously threatened the largest trading partner of the United States 30%. According to the deal, the EU is also committed to Buy US Energy and invest At least an additional $600 billion is added in the United States



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