EU Sends New Trade Proposal to US in Step to Secure Deal
Containers at Trieste Port in Trieste, Italy.
Photographer: Marco Di Lauro/Getty ImagesThe European Union has shared a revised trade proposal with the US, as it aims to inject momentum in talks with President Donald Trump’s administration amid lingering skepticism that a transatlantic deal can be reached.
The new paper includes proposals that take into account US interests, including international labor rights, environmental standards, economic security and gradually reducing tariffs to zero on both sides for non-sensitive agricultural products as well as industrial goods, according to people familiar with the matter.