The EU wants to reach a negotiated agreement with the US to suspend tariffs

The executive vice president of the European Commission and Trade Minister, Valdis Dombrovskis, stated that the EU was interested in reaching a negotiated agreement with the US after the World Trade Organization (WTO) authorized the EU to impose tariffs on US products as a sanction for the undue subsidies they granted Boeing.

However, if they don't reach an agreement, "we will be forced to defend our interests and respond in a proportionate manner," he posted on Twitter.

Spain agri-food sector considered the WTO ruling was positive, and there are already voices calling for an immediate suspension of tariffs before both parties sit down to negotiate, as the US presidential elections in November are expected to delay talks.

Representatives of the agricultural sector, among other affected sectors, have demanded the community diplomacy take urgent actions in this regard and recalled the strong setback that their exports to the US suffered.

 

Source: efeagro.com 


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