The United States has asked the European Union to "rebalance" regulations in the digital sector before reducing tariffs imposed on imports of oil and aluminum. During a meeting in Brussels, American officials, led by Commerce Secretary Howard Lutnick, emphasized that the EU needs to rethink the rules it considers unbalanced. Lutnick stated that once the EU creates an acceptable framework, discussions about tariffs can take place. He also mentioned that more balanced rules could attract investments of up to one trillion dollars in the EU.
The European Commission insisted that its regulations are not discriminatory, but acknowledged the US desire to discuss the issue. The trade agreement from July provides for the reduction of tariffs on European goods, but its implementation requires approval from the European Parliament, which could delay the process. Trade tensions are rising, with the US imposing high tariffs on oil and aluminum, while Brussels wants to expand the range of European products subject to reduced tariffs. Future discussions will also address regulatory cooperation and economic security.
The European Commission insisted that its regulations are not discriminatory, but acknowledged the US desire to discuss the issue. The trade agreement from July provides for the reduction of tariffs on European goods, but its implementation requires approval from the European Parliament, which could delay the process. Trade tensions are rising, with the US imposing high tariffs on oil and aluminum, while Brussels wants to expand the range of European products subject to reduced tariffs. Future discussions will also address regulatory cooperation and economic security.
Sources
Latest News
11:16
EU expands IRIS² to 348 satellites and accelerates the launch of the secure network for governments, defense, and emergency response.
11:06
Interim Prime Minister Ilie Bolojan rejected the accusations that the Government had neglected the energy system and had drained the reservoirs without justification: "The reservoirs that have been drained were drained for repairs."
10:46
Ilie Bolojan, the interim prime minister, stated that PNL could support a technocratic government, provided that it has parliamentary support and continues the measures to control spending.
10:43
American and European intelligence services warn that Russia may be planning an attack on a NATO member state between this autumn and 2029.
10:35
A fire broke out on Friday at a Wildberries logistics center in Yekaterinburg, caused by an attack with Ukrainian drones. The staff was evacuated safely.
See more news