The European Union is working to finalize a framework trade agreement with the United States in July as a deadline looms for the reinstatement of tariffs on European goods, the bloc’s trade chief, Maros Sefcovic, said on July 9.
Sefcovic told the European Parliament that talks with the United States had intensified considerably since May. He also said negotiators representing the European Union and the United States have made good progress toward crafting a joint statement that would presage a formal trade agreement.