US Trade Representative Jameson Green and EU Community Commissioner Maros Sefsovic will have a late afternoon teleconference this afternoon
Teleconference with US Trade Representative, Jameson Green will have today Friday EU Commissioner Maros Sefcovicas both sides are looking for a base to start negotiations aimed at Preventing a transatlantic trade waras a spokesman for the European Commission at Politico said.
The teleconference will take place late this afternoon, as E statedCommissioner of Commerce of Commerce, All Gill, only a few days after Brussels responded to the US government with a Recently modified concessions list who are willing to offer.
“We sent them what we believe is an excellent, detailed, mutually beneficial proposal,” Gil said, supporting the EU’s approach to Washington’s talks.
The new document aims to strengthen markets in strategic areas, such as energy, as well as the development of cooperation on 5G and 6G mobile networks. It will also enhance strategic cooperation in sensitive areas such as steel, aluminum, semiconductors and cars.
The recent exchange of letters triggered the hope that talks between Brussels and Washington could finally make substantial progress, after weeks of increasing frustration over the lack of commitment by the Trump government.
However, the Financial Times reported on Friday that Gray is expected to reject EU proposals, requiring unilateral concessions instead of mutual duty reduction.
It is noted that in addition to a 10% duty, Washington still imposes a 25% duty on cars, as well as on steel and aluminum. If no solution is reached by early July, a 20%higher US duty will return to the power of most European products.
Green and Sefsovic are expected to meet in Paris in early June, after the EU chief of EU has made at least three publicly disclosed visits to Washington since Trump took over in January.
Source: Skai
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