EU Still Expects Turbulence in Trade Relations With US
The European Union still expects turbulence in trade relations with Washington, but it believes it has a good insurance policy thanks to a framework deal that covers most goods it exports to the US by a maximum 15% tariff, an EU official said.
With the new rates set to enter into force in a couple of days, the 27-nation bloc, which is the US's biggest trading partner, is still waiting for executive orders that would bring down the tariff on some products, including cars and car parts...
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