EU Halts Implementation of U.S. Trade Deal Over | Money News

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EU Halts Implementation of U.S. Trade Deal Over – Money News

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The European Parliament suspended work on the legal implementation of the U.S.-EU commerce settlement in response to President Trump’s menace to put tariffs on some European international locations over Greenland, a senior lawmaker mentioned. The resolution places the European Union’s plan to slash tariffs on a vary of U.S. industrial merchandise on maintain. The tariff cuts had been agreed to as half of a U.S.-EU commerce deal that was first introduced final summer season however nonetheless wants lawmakers’ approval to take full impact.


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