The suspended duties affect $ 7.5 billion of EU exports to the United States, and $ 4 billion of US exports in return.
It represents the re-establishment of our relationship with our biggest and most important economic partner. The removal of these fees is a win for both sides, at a time when the epidemic is hurting. Our workers and our economies. ”
The Trade Commissioner considered “positive between the European Union and the United States. Trade relations are important not only for the two sides but for global trade in general.”
The announcement came after a phone call between the President of the European Commission, Ursula von der Leyen, and US President Joe Biden, according to a statement issued by the European Commission.
Von der Leyen described the call as “the beginning of a good personal partnership”.