Investors hope for EU-US deal after Japan secures concessions
4 Articles
4 Articles
According to the Financial Times, the agreement between the European Union and the United States would be similar to the one agreed by Japan.
The EU negotiates counter-clockwise with the US to avoid a 30% tax that would enter into force on 1 August. Brussels is looking for an agreement with Washington that includes a 15% tariff, replicating the pact with Japan. Last week, President Donald Trump concluded an agreement with Japan that reduced tariffs to 15% in exchange for investments by $550 billion and concessions in key sectors. Inspired by that model, the European Union (EU) launche…
The Commission has refused to confirm reports in the international press that the EU and the US are very close to a US-Japan-style trade agreement and is keeping a low profile. More...
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