The European Union and the US reached a broader trade framework in July last year after months of tensions over tariffs and industrial subsidies. The deal aimed to ease trade frictions and prevent an escalation in duties on goods ranging from steel and aluminium to consumer and industrial products.
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The European Union struck a provisional agreement on Wednesday on legislation to remove import duties on US goods, a key part of the trade deal reached with the United States last July, in a move likely to avert higher US tariffs on EU products.
Also Read: UK to import diesel, jet fuel refined from Russian crude amid oil crisis
Also Read: UK to import diesel, jet fuel refined from Russian crude amid oil crisis
