USTR Urges EU to Address Non-Tariff Barriers in Trade Deal

The U.S. Trade Representative welcomed the European Union's provisional agreement to remove import duties on American goods. However, officials noted that Brussels must still address regulatory matters and non-tariff barriers to comply with the trade deal reached last year.

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The United States Trade Representative (USTR) welcomed a provisional European Union agreement on Wednesday. This agreement focuses on addressing non-tariff barriers and regulatory matters identified in a trade deal struck between the two trading blocs last year. For investors, the development signals a temporary cooling of transatlantic trade friction while highlighting persistent regulatory hurdles.

Brussels Moves to Avert Tariff Escalation

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