France's Minister for EU Affairs, Benjamin Haddad, stated on Tuesday that the EU should not rush to ratify last year's trade deal with the US, insisting on the need to add more protective mechanisms. This was reported by Politico, according to UNN.
"There is no reason to unilaterally implement the agreement if the other side does not comply with it. Trade must be reciprocal. That is why we must not abandon the safeguard clauses,"
The publication notes that Paris supports the position of EU lawmakers regarding the addition of extra conditions to the agreement reached last July in Turnberry, Scotland, according to a representative from Haddad's office.
Among the proposed safeguards is a so-called "entry-into-force clause," which would make the removal of duties on American goods dependent on the US reducing steel tariffs, as well as a "sunset clause," under which the agreement would expire on March 31, 2028.
"On the European side, there are certain questions, a demand for certain safeguards so that we can fulfill our obligations and have the ability to react if the United States does not fulfill theirs,"
The publication emphasizes that France and MEPs are facing opposition from a majority of EU countries led by Germany, which seek to preserve the original agreement, causing negotiations between EU countries, lawmakers, and the European Commission to reach a deadlock. The next round of talks is scheduled for May 6.
EU warns of risk of trade deal collapse with US over new demands24.04.26, 04:10