EU-US Trade Deal Spurs Competitive Boost for EU Exporters
EU's trade chief Maros Sefcovic announced that EU exporters are positioned more competitively following a new EU-US framework agreement. The deal highlights a 15% tariff cap, fostering business stability and trust in transatlantic economic relations.
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The European Union's trade chief, Maros Sefcovic, announced that EU exporters are reaping competitive benefits following a newly established framework agreement with the United States.
In an online post, Sefcovic emphasized that the agreement includes a 15% all-inclusive tariff cap, marking the initial outcomes of this EU-US arrangement.
He further stated that this development bolsters both business stability and trust within the transatlantic economic landscape.
(With inputs from agencies.)
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- tariff
- exporters
- Sefcovic
- competitive
- business
- transatlantic
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