U.S., EU launch talks to eliminate industrial duties, agree no new tariffs
President Trump and European Commission President Jean-Claude Juncker announced on Wednesday that the U.S. and EU will refrain from imposing additional tariffs on each other and launch a trade dialogue with the intent of bringing non-auto industrial tariffs to zero. The two leaders said on July 25 that as long as negotiations are ongoing, neither side will impose new tariffs. The Trump administration is considering imposing tariffs on autos and auto parts; Wednesday's announcement means the EU would avoid any...