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The Maltese Herald

Manfred Weber describes EU-US trade deal as “damage control”

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Maltese Herald
in ,

The President of the European People’s Party Manfred Weber has described an EU-US trade deal struck last night in Scotland as “damage control”. The US has set a 15% tariff rate for most of EU exports to the US. US tariffs on EU products ranged between 1 and 2% before Donald Trump took office. The deal will now have to be approved by the European Parliament.

Marine Le Pen also criticised the deal, stating that the EU had secured a deal worse than the one signed by the United Kingdom. The US tariff for products imported from the UK was set at 10% after the US and the UK signed a deal. 

According to an article by the Financial Times, diplomats have criticised the EU for taking aa weak position during negotiations resulting in a disadvantageous deal to it.

 

 

 

 

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3 responses to “Manfred Weber describes EU-US trade deal as “damage control””

  1. French Prime Minister laments submissive EU over US trade agreement: Italian Prime Minister says the 15% tariff is sustainable - The Maltese Herald avatar
    French Prime Minister laments submissive EU over US trade agreement: Italian Prime Minister says the 15% tariff is sustainable - The Maltese Herald

    […] President of the European People’s Party, Manfred Weber, also expressed his criticism about the […]

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    Political agreement is not legally binding - European Commission on EU-US trade deal - The Maltese Herald

    […] the European Parliament and it has to face the scrutiny of MEPs and parliamentary leaders who have already criticised the deal. The deal was also criticised by the French Prime Minister who described it as […]

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  3. EU and the US issue joint statement on Trade Deal releasing new details - The Maltese Herald avatar
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    […] trade deal received a lot of criticism from European quarters and still needs to be ratified by the European Parliament. US tariffs may […]

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