Politico: Trading on duties are requested by the US from the Commission – they sent a letter to the EU

The United States sent a letter to the European Commission, in a first indication that it is willing to participate in a negotiation with the Commission for their trade, four EU diplomats in Politico said. This move, which happened this week, is the first tangible commitment by the Donald Trump government since the two sides stopped the wave of their reciprocal duties. The letter is a reaction to a list of possible concessions that the European Union has privately stated that it is ready to offer, the diplomats said. “The issue was the lack of guidance on the American side, which always required an EU offer to negotiate,” one of the diplomats said. The letter comes after the committee presented a list of possible concessions last week – including regulatory relaxation and joint efforts to limit Chinese overproduction. Frustrated by the lack of commitment by the Trump government, the […]
Source: News Beast

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