Air Freight News

Hogan says he’s the ‘type of guy’ to prod an EU-US trade thaw

What’s behind the effort to ease trade tensions between the European Union and the U.S.? “I’m just that kind of guy,” EU Trade Commissioner Phil Hogan quipped.

Speaking in Dublin on Friday, Hogan said he hoped mini-deals to reduce some tariffs between the two sides may be possible in coming weeks. The Irishman said he’d met American trade chief Robert Lighthizer five times since taking up his role in December, “so we are getting to know each other’s issues very well.”

“There is now political will to make every possible effort to reach some understanding on the issues that have bedeviled us,” Hogan told reporters, adding that Lighthizer is operating in “good faith.”

Transatlantic tensions have risen between the two allies, with the EU threatening a new round of tariffs against the U.S. over an airline subsidy dispute, and Washington saying it will hit European countries with sanctions if they go ahead with a plan to tax American tech companies at the end of the year.

Hogan said he’ll visit Washington again this month and hopes to make further progress then. Despite the improved mood music between the two sides, Hogan cautioned against raising expectations too much.

“It’s substance over speed,” he said. “There is a long list of issues on both sides that have been outstanding for many, many years.

Bloomberg
Bloomberg

{afn_job_title}

© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).

Similar Stories

https://www.ajot.com/images/uploads/article/Biden_at_podium.jpg
Biden-Harris Administration awards almost $5 million to small businesses to bring new CHIPS Technology to the commercial market
View Article
New US Government regulation on imports ‘will not put e-commerce genie back in the bottle’

The Biden administration is moving to curb low-value shipments entering the US duty-free under the $800 ‘de minimis’ threshold, which it says has been abused by Chinese e-commerce platforms such…

View Article
AAFA and FLA reiterate that interim Bangladesh gov. must focus on worker rights and ILO standards

In a joint letter to Dr. Mohammad Yunus — Chief Advisor of the Interim Government of the People’s Republic of Bangladesh — the American Apparel & Footwear Association (AAFA) and…

View Article
https://www.ajot.com/images/uploads/article/August_2024_Contribution_of_transportation_to_inflation_bar_chart.jpg
Transportation costs slow inflation for first month since July 2023
View Article
https://www.ajot.com/images/uploads/article/Money_Cash.png
Census retail sales data shows households ‘Have the Underpinnings to Spend’
View Article
TIA Releases State of Fraud in the Industry 2024 Report

This report provides a detailed examination of the current state of fraud in the industry, offering insights into the most common types of fraud, the regions and commodities most affected,…

View Article