TURNBERRY – Today, U.S. Trade Representative Jamieson Greer issued a statement following the United States and European Union reaching a Framework for an Agreement on Reciprocal, Fair and Balanced Trade. This landmark deal provides Americans with unprecedented levels of market access in the European Union and strengthens America’s economic footprint, including $750 billion in energy purchases and $600 billion in investments.
“President Trump delivered what American Presidents have tried and failed to accomplish, securing a deal between the two largest market economies in the world while keeping the American People at the heart of the trade deal,” said Ambassador Greer. “This Framework demonstrates that America can maintain tariffs to reduce the goods trade deficit and simultaneously unlock market access for hardworking Americans whose interests remain firmly at the center of every deal made. I thank European Trade Commissioner Maroš Šefčovič for his cooperation and commitment to pursue reciprocal, fair trade with the United States.”
To read the Fact Sheet on the Framework, please click here.
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