EU governments clear US trade deal legislation, says EU source

EU governments clear US trade deal legislation, says EU source

BRUSSELS, May 27 (Reuters) - European Union governments cleared on Wednesday ‌legislation to remove import duties ‌on many U.S. goods, an EU source ​with knowledge of their meeting said, a move that should avert U.S. President Donald Trump's threat of ‌higher tariffs ⁠on EU cars and other products.

Reuters

Under a deal struck at Trump's ⁠Turnberry golf resort in Scotland last July, the EU agreed to ​remove import ​duties on ​U.S. industrial goods ‌and grant preferential access to U.S. farm and seafood produce, while accepting U.S. tariffs of 15% on most EU goods.

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Ten months since ‌that framework accord, ​the EU has still ​not ​fulfilled its side of the ‌deal, prompting Trump to ​say ​he would impose 'much higher' tariffs on EU goods if the EU does ​not ‌implement its commitments by July ​4.

(Reporting by Philip Blenkinsop, editing ​by Inti Landauro)

 

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