EU proposes six-month tariff freeze with United States - Der Spiegel
BERLIN (Reuters) - The European Union has suggested that it and the United States suspend tariffs imposed on billions of dollars of imports for six months, EU trade chief Valdis Dombrovskis was quoted as telling Germany's Der Spiegel on Saturday.
That would go beyond a four-month suspension agreed last month, and send a signal that Brussels is seeking compromise in a 16-year-old dispute over aircraft subsidies.
"We have proposed suspending all mutual tariffs for six months in order to reach a negotiated solution," Dombrovskis told the news magazine.
"This would create a necessary breathing space for industries and workers on both sides of the Atlantic," he added.
https://www.yahoo.com/news/eu-proposes-six-month-tariff-091837517.html
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Kill all tariffs. American business and consumers play these fees. China is not. If you at all the least bit worried about inflation then this is the ticket.
I know PRESIDENT JOE BIDEN (damn, typing that just never gets old
has a ton on his plate and doing it with our allies is a great first step. China is complicated but they are our largest trading partner. Trade not War. We are all interdependent on one and another.
My business we raised pricing on everything by 25% last year and are looking at another 10% increase this quarter. Raw material and freight costs are really increasing.
