EU pushes to secure lower US car tariff from Aug 1

THE EUROPEAN UNION will strive to ensure lower US tariffs apply to its car exports retroactively, EU trade chief Maros Sefcovic said on Thursday, as the transatlantic partners set out details of their framework trade deal struck in July.

- REUTERS Washington/Brussels, August 21

In a 3-1/2-page joint statement, the two sides spelled out that 15% US tariffs would apply to most EU imports and listed the commitments made, including the EU's pledge to eliminate tariffs on US industrial goods and to give preferential market access for a wide range of US seafood and agricultural goods.