Brussels – Sweden has expressed its support as EU nations approved measures against US tariffs. The recently approved second package includes countermeasures worth 72 billion euros, along with certain export restrictions. This brings the total countermeasures, including previous packages, to 93 billion euros.
Ongoing negotiations aim to finalize a trade agreement by the end of the month.
“They are in a very critical situation,” stated Swedish Minister for Foreign Trade Benjamin Dousa during a press conference.
“There are additional tools in the toolbox that we can resort to if we do not feel that the US is moving towards a solution with us.”
The EU aims to increase pressure on the US administration by introducing new countermeasures while leaving all negotiation avenues open.
Olof Gill, the EU Commission’s political spokesperson on trade matters, informed TT that the EU and the US are nearing an agreement.
“We have clarified to the Americans what we can and cannot accept. It is now their responsibility to indicate whether they are open to making a deal. If they are willing to compromise, we could have an agreement within the next week, possibly sooner.”
(July 24)
Leave a Reply