""EU companies and exporters must have fair treatment, predictability and legal certainty," the Commission said. "The current situation is not conducive to delivering 'fair, balanced, and mutually beneficial' transatlantic trade and investment, as agreed to by both sides," it said, pointing to the deal reached by the US and the EU last year. "A deal is a deal." "In particular, EU products must continue to benefit from the most competitive treatment, with no increases in tariffs beyond the clear and all-inclusive ceiling previously agreed," it said."
"The Commission called for Washington to provide "full clarity" on the measures it plans to implement following the Supreme Court ruling."
The European Commission demanded that the United States respect the terms of the trade deal reached last July and called for Washington to provide "full clarity" on measures planned after the US Supreme Court ruling. EU companies and exporters must have fair treatment, predictability and legal certainty, the Commission said. The Commission warned that the current situation does not support delivering fair, balanced, and mutually beneficial transatlantic trade and investment and reiterated that a deal is a deal. The Commission stressed that EU products must continue to benefit from the most competitive treatment with no tariff increases beyond the agreed all-inclusive ceiling. The Supreme Court decision and US tariff announcements have created uncertainty over ratification by the European Parliament.
Read at www.dw.com
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