EU proposes ‘Zero-for-Zero’ Tariff Deal to US before announcement

The European Union offered a ‘zero-for-zero’ tariff deal to the U.S. to avoid trade tensions before tariff announcement.

The European Commission has announced a proposal for a “zero-for-zero” tariff deal in an attempt to prevent a trade war with U.S. President Donald Trump. Ursula von der Leyen, President of the European Commission, revealed the offer on Monday, April 7, stating that it was made in collaboration with other trade partners.

Von der Leyen emphasized that the proposal...