EU analysing U.S.-UK trade deal for impact on EU, global trade
- Posted on May 12, 2025
- By Yahoo News
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EU analysing U.S.-UK trade deal for impact on EU, global trade
BRUSSELS (Reuters) -The European Commission is analysing the trade deal struck last week between the United States and Britain for implications for the 27-nation European Union and global trade, European Economic Commissioner Valdis Dombrovskis said on Monday. The United States and Britain announced a deal to lower tariffs on some goods last Thursday, with U.S. levies on cars and steel being cut and both sides gaining better access to agriculture markets. "We are currently closely analysing the content... to assess its ...potential implications particularly as regards any effects on EU interests or the global broader global trade environment," Dombrovskis said.