EU Proposes Six-month Tariff Freeze with United States
It would create necessary breathing space for industries on both sides of the Atlantic
The European Union has suggested that it and the United States suspend tariffs imposed on billions of dollars of imports for six months, EU trade chief Valdis Dombrovskis was quoted as telling Germany's Der Spiegel on Saturday.
That would go beyond a four-month suspension agreed last month, and send a signal that Brussels is seeking compromise in a 16-year-old dispute over aircraft subsidies.
"We have proposed suspending all mutual tariffs for six months in order to reach a negotiated solution," Dombrovskis told the news magazine.
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