‘We need to use 90 days wisely’ – the EU is looking for ways to avoid Trump’s new duties

Donald Trump’s new duties for 90 days gives EU finance ministers the opportunity to try to find ways today to take advantage of this time to reach a trade agreement with Washington. US President Donald Trump has unexpectedly announced on Wednesday that he was suspending the addition of the additional 20% duties he imposed on Europe for 90 days. However, the 10% duties imposed by the United States on all product imports from abroad, as well as 25% for the imports of cars, steel and aluminum, remain in force. At the same time, Trump said he expects Europe to buy more energy from the US to restore bilateral trade balance. “We need to use 90 days wisely, we need a good deal for European citizens and European companies,” Polish Finance Minister Andrei Domanski estimated on his arrival at the Summit. But European ministers warned that the EU […]
Source: News Beast

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