EU Says $1.4 Trillion Spending Pledge to US ‘in No Way Binding’
5 Articles
5 Articles
The Commission does not consider the anti-data commitment worth 600 billion to be binding.
Are relations between Brussels and the White House still in a state of flux? The European Commission has questioned the binding nature of the $1.4 trillion investment pledge to the US economy that President Donald Trump recently announced as part of a new transatlantic deal. Brussels is now claiming that it is merely a non-binding set of trade intentions. This is causing tensions between Washington and the EU – and a response in the form of tari…
Brussels reacts while Donald Trump threatens the EU with a 35% customs duty in case of non-compliance with his promise to invest in US infrastructure.
Brussels also promised significant investments in the American economy.
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