EU commissioner suggests broad cuts to tariffs with US

Girgijen Labarai July 25, 2018

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Reuters

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1532499329171493900

Wed, 2018-07-25 06:05

BERLIN: The European Union’s budget commissioner, Guenther Oettinger, said on Wednesday the bloc could try to seek a wide reduction of tariffs in negotiations with the United States this year.
“In this way, we want to avoid a further escalation of the trade conflict, and to avoid a trade war,” Oettinger, a German, told Deutschlandfunk radio.
“One could try to untangle the existing tariffs and then ... reduce tariffs for various goods and services.”