News

EU approves conditions for limited trade talks with U.S.

EU approves conditions for limited trade talks with U.S.
Business
BRUSSELS -- European Union countries have approved the conditions for negotiating a new and strictly limited trade deal with the United States, paving the way for talks to begin.

EU headquarters said Monday that the agreement will focus on eliminating tariffs on industrial goods only, and would not include agricultural products despite U.S. demands they be on the table.

European Commission President Jean-Claude Juncker met President Donald Trump last July to head off a looming trans-Atlantic trade war after Trump slapped tariffs on imports of EU steel and aluminum.

EU Trade Commissioner Cecilia Malmstrom welcomed the agreement, saying: "We are now ready to move ahead into the next phase of EU-U.S. relations."
Read more on CTVnews
News Topics :
Similar Articles :
World
BRUSSELS The European Union s top trade official says the bloc is in exploratory talks with the United States to see whether it would be possible to reach a...
World
WASHINGTON – U.S. President Donald Trump is meeting with Italian Prime Minister Giuseppe Conte at the White House as the U.S. is kicking off new trade talks with the European...
World
WASHINGTON—Reducing trade tensions, U.S. President Donald Trump and the president of the European Commission have come to a vague preliminary agreement to hold off on new tariffs while they conduct...
World
WASHINGTON U.S. President Donald Trump and European leaders pulled back from the brink of a trade war over autos Wednesday and agreed to open talks to resolve a dispute...
Autos
US President Donald Trump speaks with reporters as he departs the White House, in Washington, DC, on June 2, 2019. Jim Watson / Getty Images The European Union vowed to...