EU Lawmakers Hope Washington Visit Eases Trade Tensions
Members of the EU Parliament's Committee on International Trade are in Washington this week to discuss political, trade and investment relations between the U.S. and the EU. The delegation, led by committee Chair Bernd Lange of Germany, will hold meetings May 27-29 with various U.S. agencies, lawmakers, business groups, trade union representatives, think tanks and academia. They will specifically talk about "how the tariffs imposed by the US administration are being applied, how business is adapting to the tariffs and how can EU-US trade tensions be eased moving forward," Parliament said.
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Lange said the main goal of the trip is to "hear directly from the US administration and stakeholders about their recriminations and suggestions on how to fix transatlantic and world trade." The members also plan to tell the Trump administration that "we should secure a mutually beneficial deal sooner rather than later to end business and consumers’ pain and uncertainty; the European Parliament will need to give its consent to a binding agreement; not any deal will do; and we have the opportunity to build a positive, shared, transatlantic agenda together," he said. "We should seize that opportunity."