USA: Greeting EU proposal for cooperation in the field of financial security

Her proposals European Union For cooperation on mutual investment and economic security challenges, they welcome the USA.

EU and US negotiators started talks last week, with the block presenting a variety of proposals that could form the basis of official trade negotiations.

Specifically, proposals include investments in areas such as liquefied natural gas and artificial intelligence, as well as collaboration in strategic areas such as steel, cars, chips, aviation, medicinal products and critical raw materials, Bloomberg said earlier.

Washington officials showed interest in Brussels, but did not provide much information on whether cooperation in such areas could translate into a reduction in the sectoral duties introduced by President Donald Trump and can add to the future. The EU is seeking mutually beneficial results, but it is not yet clear whether the same is true for the US.

Representatives of the European Commission, the Block Executive Bracket, headed by commercial issues, refused to comment, while a US delegate spokesman did not respond to a request for commentary.

The EU has agreed earlier this month to delay for 90 days the implementation of a number of USA for the 25% duties imposed by Trump on the block and aluminum exports of the block. This move was made after the US president reduced the so -called reciprocal rate to most EU exports to 10% from 20% for the same period. Trump also imposed a 25% duty on cars as well as on some components.

In response to “reciprocal” contributions and duties to cars, the 27 -country block was reported last week to hit the US exports with additional duties of 95 billion euros ($ 108 billion) if the current trade talks with the Trump government do not lead to a good result.

Trump has also stated that he will proceed with his plans to target semiconductor and drug imports and has threatened with action for films and aircraft spare parts.

Talks between the EU and the US are expected to continue in the coming days and weeks, as the two sides are considering the prospects for a trade agreement, people said. One of the people who spoke to Bloomberg on the subject added that they hope that the negotiations would be accelerated as soon as this tracking process is completed and the US prioritizes their focus on the EU after negotiating the first round of agreements with others.

It is noted that the US announced an agreement with the United Kingdom last week and an agreement with China this week to temporarily reduce the reciprocal duties that the two countries had imposed on each other and to give the two largest financial agents in the world three months to work for a wider agreement.

However, officials in Brussels believe that many of Trump’s duties will remain even in the event of an agreement.

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