This Saturday (28), the commerce commissioner of EU (European Union)Maros Sefcovic, declared he had a “very positive” meeting with the commercial representative of USAJamieson Greer, on the sidelines of the ministerial meeting of World Trade Organization in Cameroon.
“We agree with the USA in further advancing work on critical minerals,” declared the commissioner, adding that tariffs were also discussed.
Last Thursday (26), EU parliamentarians Turnberry in Scotland last July, after months of uncertainty over threats of tariffs and President Donald Trump’s new import tax.
Safeguards have been addedreflecting concerns that Washington may not comply with the agreement.
The US reached an agreement with the EU to impose a 15% import tariff on most EU products – half the threatened rate – and , which represent almost a third of global trade.
Sefcovic declared the vote and the positive meeting with Greer were important.
“This demonstrates, on both sides, despite the turbulence on the global stage, that we are fulfilling the agreement.”
The US is the, with EU exports to the US reaching a record 555 billion euros ($641 billion) in 2025.
Sefcovic declared the EU is also keeping an eye on other commercial partners.
“Our agconcludea for the future will be to work as much as possible with all the partners who want to have a free trade agreement with us… and, of course, to reduce tariffs with the partners we already trade with,” he declared.
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