Senior German Diplomat Calls for EU-US Trade Negotiations - Forex News by FX Leaders
A chess game has started between the EU and the US

Senior German Diplomat Calls for EU-US Trade Negotiations

Posted Tuesday, July 9, 2019 by
Arslan Butt • 1 min read

The trade row between the US and the EU continues with no negotiations between both sides so far. While speaking with Reuters, senior German diplomat Peter Beyer also called for negotiations between the US and EU towards a trade agreement.

The trade dispute continues on with the US refusing to work out a trade deal until the issue of agriculture is included in the discussions, something the EU has not agreed to do yet.

This issue has led to the breakdown in talks since a year ago, when European Commission chief Jean-Claude Juncker and US President Trump agreed to put off tariffs on cars imported from the EU.

Beyer also remained hopeful that once the 15-year long dispute between US and EU regarding the issue of aircraft subsidies gets resolved, trade negotiations could resume once again and make some progress.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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