He announced that the ministers of Agriculture, Industry and Economy will resume meetings with the affected sectors next week.
MADRID, 21 (EUROPA PRESS)
The Ministry of Economy, Trade and Business has welcomed the formal agreement reached this Thursday between the European Union (EU) and the United States (US) on a general 15% tariff on its exports, which has helped "dispel uncertainty."
Sources from the Ministry of Economy have also emphasized that this framework agreement gives European companies "preferential status" over other US trading partners.
The European Union finalized a formal agreement with the United States on Thursday for a general maximum tariff of 15% on its exports, which will also apply to sectors such as pharmaceuticals and semiconductors. In the case of vehicles, the reduction from the current 27.5% is conditional on improved access to American agricultural products and food.
In this way, both blocs put in writing in a joint statement the political agreement reached in Scotland three weeks ago between EU President Ursula von der Leyen and US President Donald Trump. The text, although not legally binding, specifies the terms of the agreement and is perceived as a roadmap for trade policy between Washington and Brussels.
The next steps, according to the Ministry of Economy, are for the ministers of Agriculture, Industry, and Economy to resume meetings with the most exposed sectors next week to further assess the impacts and specific needs.
On the other hand, he emphasized that Spain will continue to "actively contribute to and support" the Commission in trade negotiations with the US administration and in expanding its network of agreements with strategic partners such as Mercosur.
"We will continue to lead efforts to deepen the European single market, the main source of competitiveness," these sources stated.
