EU-US trade statement stalls over digital regulations dispute - report

Investing.com -- The European Union and United States are struggling to finalize a joint trade statement due to disagreements over digital regulations, according to the Financial Times.

The European Commission has previously stated that making concessions on its landmark digital regulations would be unacceptable.

The dispute is now affecting other trade matters, as US President Donald Trump is reportedly withholding an executive order that would lower tariffs on European car imports until the joint statement is finalized, according to an unnamed US official cited by the Financial Times.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.