Framework EU-US trade deal 'tantalisingly close' before Trump letter, Ireland says

Dow Jones Industrial Average -0.62%
S&P 500 index -0.24%
NASDAQ +0.23%

Dow Jones Industrial Average

DJI

48114.26

-0.62%

S&P 500 index

SPX

6800.26

-0.24%

NASDAQ

IXIC

23111.46

+0.23%

- A framework agreement on trade between the European Union and the United States was "tantalisingly close" before President Donald Trump's letter threatening a 30% tariff on imports from the EU, Ireland's Minister for Foreign Affairs and Trade said.

"A framework agreement was tantalisingly close, even in recent days and I think that's why, when the letter came, there was surprise because genuinely from a European perspective there was an expectation that a deal was in there," Simon Harris told a trade conference on Tuesday.

"There was and can I say remains absolutely space for a deal," Harris said, adding that sector-specific areas the U.S. may separately tariff such as pharmaceuticals were unlikely to be part of such a framework.


(Reporting by Padraic Halpin; Editing by Alison Williams)

((padraic.halpin@thomsonreuters.com; +353 1 500 1504; Reuters Messaging: padraic.halpin.thomsonreuters.com@reuters.net))

Every question you ask will be answered
Scan the QR code to contact us
whatsapp
Also you can contact us via