The EC has a new opportunity to try to eliminate or suspend US tariffs

The change of Administration in the United States represents a new opportunity for the European Commission (EC) to try to eliminate, or at least suspend, the new tariffs that the United States applies to EU products. It also represents an opportunity to find a solution to the trade dispute maintained by both blocks due to the aid granted to Airbus and Boeing.

“We will try to de-escalate the situation soon. If tariffs are suspended, we would be able to negotiate the sanctions with the United States without having a gun to our head,” the director of International Affairs and trade negotiations of the General Directorate of Agriculture of the EC, John Clarke, told the European Parliament's Agriculture committee. European agri-food products are an innocent victim of that dispute, Clarke said.

According to Juan Ignacio Zoido, a Spanish MEP of the PP, it seems Donald Trump is not willing to leave discreetly as he is intensifying the conflict he has created in recent years. "Last Tuesday this increase in tariffs of up to 25% was suddenly effective for certain products," Zoido said. It even affected merchandise that, at that time was in transit to the US, he added. "We at the Commission hope that, as of January 20 with the start of the new Biden Administration, ending these tariffs will be an absolute priority," he stated.

Italian deputy Paolo de Castro (S&D) requested the European Commission to ask Washington for a six-month moratorium to seek solutions among allies to the existing dispute.

"The EC intends to establish a dialogue, a stronger relationship regarding climate change and more sustainable food supply chains with the new Administration," Clarke said.

 

Source: efeagro.com 


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