EU and US near agreement on new trade deal, tariffs set at 10%

The EU is about to announce a trade agreement with the United States!

The EU and US trade negotiators are close to reaching a framework agreement that will set a 10% tariff and establish parameters for future extensive trade negotiations.

Both sides' negotiations are ongoing, but officials say the agreement will be announced before the weekend. On Wednesday, Olof Gill, a spokesperson for the European Commission's trade department, confirmed that EU trade negotiators are having active discussions with US Commerce Secretary Rutenberg and US Trade Representative Grier, and it is expected that the agreement will be announced in the coming days.

Original article: https://www.toutiao.com/article/1837192919952384/

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