Reported 1 day ago
A senior European Commission official stated that the 15% tariffs imposed by the U.S. on EU imports do not hinder trade, emphasizing that trade remains stable and competitive relative to other markets. EU trade director Sabine Weyand urged lawmakers to support EU plans to eliminate tariffs on U.S. industrial products to maintain trade balance, highlighting that the recent data shows EU trade with the U.S. remained robust except for a decline in automobile imports facing a higher tariff.
Source: YAHOO