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EU-US trade remains essential for the European economy. This is why we call on the European Parliament and the International Trade Committee to vote in favor of the EU’s commitments resulting from the EU-US trade deal.
EU-US trade in goods and services stands at €1.68 trillion. Transatlantic companies sustain deeply interconnected, complementary digital and industrial value chains – from semiconductors and energy technologies to cloud, cyber security and connectivity. DIGITALEUROPE remains committed to the transatlantic partnership, while continuing to engage constructively on its challenges.
At the same time, we call on the EU and US to engage in a dialogue with the goal of removing key EU steel derivate exports from the scope of US Section 232 tariffs.
“Businesses urgently need predictability in transatlantic trade. This is why we call on the European Parliament to provide its consent to the Turnberry Agreement. We must push forward the digital wins in the Agreement, on cyber mutual recognition, standards and the Moratorium on Customs Duties," said Director-General Bonefeld-Dahl.
While not perfect, it is clear the Turnberry deal represents the best possible agreement on the table. Failure to implement the EU’s commitments would risk tariff escalation at a time when businesses need stable and predictable trading conditions.
DIGITALEUROPE therefore calls on the European Parliament and the International Trade Committee to vote in favour of the two legislative proposals implementing the EU’s commitments resulting from the EU-US deal.
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