The EU trade chief Sefcovic is speaking and says:
- EU is seeking currently grounded in talks with US.
- Discussing car industry to quite an extent.
- Tariff reciprocity must work for both sides and EU ready to look at lower industrial tariffsis
- Told US counterparts to not focus on measures and countermeasures.
- Overall US tariffs are slightly higher than EU tariffs
- Saw some openness from US to lower tariffs
- scheduled meeting with European auto industry on Friday
This article was written by Greg Michalowski at www.forexlive.com.
