US EditionSpain Economy Minister Urges Fair, Balanced EU-US Tariff Deal
- Spanish Economy Minister Carlos Cuerpo urged the EU and US to reach a fair and balanced tariff deal before the July 9 deadline amid rising tensions.
- This call follows a series of US tariffs, including 10 percent duties on most partners since January and threats of 50 percent levies paused until July 9.
- Cuerpo emphasized that tariffs are impacting European firms and cautioned that industries such as olive oil production and winemaking face increased vulnerability due to their substantial trade ties with the US market.
- He noted that there is a shared sense that global trade dynamics are shifting, but the exact outcome or direction this will take remains uncertain.
- Although both sides appear committed to reducing tariff tensions, an agreement remains distant, with the EU ready to implement countermeasures but choosing to delay action to prevent further escalation.
33 Articles
33 Articles
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Spain economy minister urges fair, balanced EU-US tariff deal
Spanish Economy Minister Carlos Cuerpo said a tariff pact between the EU and Washington should be "fair and balanced," although both sides remain far from a deal as a July deadline approaches.
Spain's economy minister Carlos Cuerpo told AFP that although there is a long way before the United States and European Union reach a deal to de-escalate tariffs, there remains political will to do so
Spain's economy minister Carlos Cuerpo told AFP that although there is a long way before the United States and European Union reach a deal to de-escalate tariffs, there remains political
Rian Harris (US Embassy) is committed to balance trade and defense to boost transatlantic ties – The Observatorial
Within the framework of the wide collaboration between Spain and the United States, the Business Manager of the US Embassy, Rian Harris, has underlined the importance of restore balance in trade and defense to reinforce the ties and “lay the foundations of a more prosperous and resilient transatlantic economy.” Citing the president of the Blanca […]
European Commissioner Maroš Šefčovič said that on many issues, Brussels and Washington are not a problem for each other.
The European Union and the United States want to use every day until July 9 to find a satisfactory mutual agreement on trade and customs policy. In an interview with a TASR reporter in Brussels, European Commissioner for Trade and Economic Security Maroš Šefčovič stated this. According to him, negotiations on trade policy and customs with the American side are taking place "basically every day" and are extremely complicated. "We are looking for …
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