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
18:57
The DSU has taken notice after the appearance of some images with an ambulance crew from Bacău that allegedly stopped for shopping during the transport of a patient.
18:56
Romanian waters: 133 localities from 14 counties are facing restrictions on water supply due to severe drought.
18:50
The European Commission has proposed that August 8 become European Day of Commemoration of Victims of Occupational Accidents.
18:40
Elon Musk criticized Marine Tondelier, a candidate in the presidential elections in France, after she called for the suspension of the X network in case of foreign interference.
18:36
Fiumicino Airport in Rome is preparing a 9 billion euro expansion, including a fourth runway and a new terminal, with completion planned for 2033.
See more news