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Phil Hogan: EU seeks reset in trade negotiations with the US

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Speech by Commissioner Phil Hogan at CSIS – “Refreshing Transatlantic Trade Relations”. Description video: Commissioner Phil Hogan visit to the USA. Speech at Center for Strategic and International Studies – “Refreshing Transatlantic Trade Relations”.\n\nWatch on the portal: https://europa.eu/!vj99mX\n\nSubscribe to our […]

Speech by Commissioner Phil Hogan at CSIS – “Refreshing Transatlantic Trade Relations”.

Description video:
Commissioner Phil Hogan visit to the USA. Speech at Center for Strategic and International Studies – “Refreshing Transatlantic Trade Relations”.\n\nWatch on the portal: https://europa.eu/!vj99mX\n\nSubscribe to our channel: https://bit.ly/2X56Ju6\n\nFollow us on:\n-Twitter: https://twitter.com/EU_Commission\n-Instagram: https://www.instagram.com/europeancommission/\n-Facebook: https://www.facebook.com/EuropeanCommission\n-LinkedIn: https://www.linkedin.com/company/european-commission/\n-Medium: https://medium.com/@EuropeanCommission\n\nCheck our website: http://ec.europa.eu/

Phil Hogan: EU seeks reset in trade negotiations with the US

The new EU Trade Commissioner, Irishman Phil Hogan, announced his intention to push for a reset of EU / US trade relations on a number of controversial issues when he first meets with his American counterpart in January 2020..

Phil Hogan: EU seeks reset in trade negotiations with the US

Trump administration imposed tariffs on European steel and aluminum in mid-2018. He has done the same for $ 7.5 billion EU products over a subsidy dispute for a European Airbus jet and threatens to sue France over a digital services tax..

Phil Hogan discussed this with US Trade Representative Robert Lighthizer.

«We agreed to meet in Washington in mid-January to discuss a long list of issues causing tensions between the EU and the US. There is no point in going into the details of dealing with trade irritants if we do not agree on a line on a common trade agenda.», – quotes his words TASS.

«I will push for a reboot of EU / US trade relations on issues such as steel and aluminum tariffs, as well as the threat of US tariffs in response to digital tax in Europe», – added Phil Hogan.

Both sides are trying to strike a deal to lift common import duties but are stuck on agricultural products that Washington thinks should be included, but Brussels says this is impossible.

They also disagree over Washington’s position on the World Trade Organization, a vital part of the global trading system..

The European Commission said the block would act as one over the planned US tariffs on French goods, and that the threat to increase pan-European tariffs over the dispute with Airbus would make a settlement more difficult to reach..