US increasingly frustrated with EU over trade deal – FT

Brussels is delaying promised tariff cuts and regulatory changes, Washington’s top trade negotiator told the newspaper

The US is growing frustrated with the EU over the slow pace of tariff and regulatory reductions being introduced as part of a trade agreement, according to a senior negotiator in Washington cited by the Financial Times.

The trade deal signed by European Commission President Ursula von der Leyen with US President Donald Trump in July imposes a 15% tariff on EU exports of cars and most other goods, and commits the bloc to buying $750 billion of US oil and gas and investing $600 billion in the US economy over three years.

US Trade…

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