EU Resumes Trade Talks with U.S. Amid Greenland Dispute
The European Union lawmakers have reinitiated the negotiation process for a trade deal with the United States after previously halting discussions in objection to former President Trump's demand to purchase Greenland and threats of tariffs. The focus is on reducing import duties and maintaining lobster import terms.
- Country:
- Belgium
On Wednesday, European Union lawmakers made a significant move to restart discussions surrounding a trade agreement with the United States, which was previously stopped due to objections against former President Donald Trump's controversial demands concerning Greenland and his tariff threats.
The anticipated deal involves amending EU import duties on American goods. These legislative proposals were initially scheduled for voting last month, marking a critical aspect of the July accord reached in Turnberry, Scotland.
A pivotal element of the agreement was the continuation of zero tariffs on U.S. lobster imports, a condition first arranged during Trump's presidency in 2020. The EU hopes to advance these negotiations in a positive direction.
(With inputs from agencies.)
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