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The EU and US need to avoid a 'period of pain' caused by a trade conflict, trade commissioner Maroš Šefčovič said on Thursday — after more than four hours of talks (Photo: European Commission)

EU ready to lower tariffs on US cars to avoid 'period of pain', says trade chief

The EU is prepared to drop its tariffs on American car imports to 2.5 percent in a bid to avoid a broader trade war with Washington, the bloc’s trade chief said on Thursday (20 February), at the close of his first visit to the US capital since president Donald Trump’s inauguration. 

"Our number one prior...

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

The EU and US need to avoid a 'period of pain' caused by a trade conflict, trade commissioner Maroš Šefčovič said on Thursday — after more than four hours of talks (Photo: European Commission)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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