A negotiating solution with the US for trade and duties is preferred by the European Union (EU), the President of the European Commission said today Ursula von der Laienne.
Ursula von der Layen added that the EU would extend the suspension of its countermeasures against US import duties until early August.
“The body (against coercion) was created for special situations, and we have not yet arrived there,” she added, referring to an instrument that allows the European Union to move beyond traditional tariffs on products and impose restrictions on trade and services.