The European Union and the United States have issued a joint statement that the US customs duties are above 15% and strive to reduce customs duties in the future.
EU Trade Commissioner Marosh Sheffichovich stated this at a press conference in Brussels, who oversees the negotiations with the United States.
"Today we crossed the finish line in trade negotiations in July about the agreement reached between US President Donald Trump and European Commission Ursula Von der Leien.
The EU and the United States have issued a joint statement on trade, which will be a starting point for further trade negotiations on improving trade conditions, "Sheffchovich said. He stressed that this agreement "gives the EU better competitive conditions for the US exports compared to other countries."
In his turn, the European Commission undertook to cancel all customs duties on American goods and facilitate their entry into its market. He also confirmed the commitment of the European Commission, to increase the purchases of energy resources, weapons and electronic chips from the United States.
