3 days ago
Portugal Sees EU, US Reaching Trade Deal With ‘Very Low' Tariffs
Portuguese Finance Minister Joaquim Miranda Sarmento said he sees the European Union and the US reaching an agreement with tariffs potentially below 10% that would help keep trade flowing.
'It's possible to have an agreement with very low tariffs, an agreement that could be perceived as beneficial to both parties and that could continue to allow us to trade and to increase value for our citizens,' Sarmento said in a Bloomberg Television interview in Brussels. 'We expect to have an update of what the Commission was able to negotiate with the US administration,' in the EU finance ministers' meetings to be held today and on Tuesday.
