EU proposes to suspend tariffs from the USA for 6 months

Valdis Dombrovskis, head of EU trade policy, suggested the US to suspend tariffs with each other for six months, including former US President Trump’s tariffs on steel and aluminum.

Trump began imposing tariffs on steel and aluminum imports in 2018, and the new Biden administration has not changed policy.

According to Dombrovskis, the proposal to suspend reciprocal reciprocal tariffs was to reach a negotiated solution and provide respite for industries and workers in both the EU and the US.

Leave a Reply

Your email address will not be published.

You may use these <abbr title="HyperText Markup Language">HTML</abbr> tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

*