Commercial Breath for Europe and US: “30%duties will destroy trade” warns Sefcovic

The European Union and the United States are approaching a good result for both sides in their commercial talks, EU Commander -in -Chief Maros Sefcovic said today. “The feeling on our side is that we are very close to an agreement,” Sefcovic said before a meeting with EU Trade Ministers in Brussels, adding that the 30%duties, US President Donald Trump, threatened to impose the EU. The European Union has already prepared a list of $ 21 billion duties in US products if the two sides do not reach a trade agreement, Italian Foreign Minister Antonio Tayyani said in an interview with a newspaper. Tayyani also told the Il Messaggero newspaper that, in order to help the eurozone economy, the European Central Bank must consider a new “quantitative easing” program with bond market and more interest rates.
Source: News Beast

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