WASHINGTON: EU commerce chief Maros Sefcovic stated Thursday (Feb 28) that reciprocity in tariffs ought to be made to work for each the bloc and Washington, after talks together with his counterparts in US President Donald Trump’s administration.
Whereas america is planning “reciprocal tariffs,” the European Union is open to working with Trump officers in direction of decreasing duties for industrial items and stepping up purchases of US merchandise, Sefcovic instructed reporters.
“We will probably be able to look (at) how we are able to decrease the import duties for all industrial merchandise,” he stated, a day after assembly Commerce Secretary Howard Lutnick and US Commerce Consultant nominee Jamieson Greer.
Trump has taken goal on the EU and others over commerce, asserting plans for sweeping duties tailor-made to every US buying and selling associate, and bearing in mind non-tariff elements.
However Sefcovic careworn after his four-hour assembly with commerce counterparts that if Washington have been in search of reciprocity, “it should work for each” sides.
