EU Offers €50 Billion to Improve Trade with the U.S.

Reported about 20 hours ago

EU Trade Commissioner Maros Sefcovic announced that Europe is prepared to increase its purchases of American goods by €50 billion to improve trade relations, citing a need to address the trade deficit. He emphasized that the EU does not agree with the U.S. maintaining a 10% tariff on EU products as part of negotiations. The EU has proposed eliminating tariffs on both sides and is looking into LNG and agricultural imports as potential solutions, though reaching an acceptable deal for all member states could be challenging.

Source: YAHOO

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