USTR Welcomes EU Progress but Urges Action on Non-Tariff Barriers in Trade Deal
U.S. Trade Representative Responds to EU Legislation on Trade Deal
Overview of EU Provisional Agreement
WASHINGTON, May 20 (Reuters) - The U.S. Trade Representative's office on Wednesday welcomed the European Union's provisional agreement on legislation to remove import duties on U.S. goods, but said Brussels also needed to address non-tariff barriers and regulatory matters identified in a trade deal struck between the two trading blocs last year.
Concerns Over Non-Tariff Barriers and Regulatory Issues
USTR said it would also continue to review certain limiting amendments included in the EU legislation to "assess whether it complies with the Joint Statement."
Background on the Trade Deal and Tariff Threats
The legislation agreed on Wednesday was aimed at fulfilling a key part of the trade deal reached with Washington in July and averting higher U.S. tariffs on some key EU products threatened by President Donald Trump earlier this month.
Reporting Credits
(Reporting by Andrea Shalal and Ismail Shakil, Editing by Franklin Paul)
