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Investing.com -- Italy’s Industry Minister Adolfo Urso called on Thursday for a "truly fair and sustainable" tariff agreement between the European Union and the United States, pointing to recent deals secured by Britain and Japan.
Speaking during a meeting with French counterparts in Paris, Urso highlighted that Britain negotiated 10% tariffs in May, while Japan reached a 15% tariff agreement this week.
The comments come as the EU faces an August 1 deadline to reach a tariff agreement with the United States. Earlier in July, U.S. President Donald Trump threatened to impose a 30% tariff on EU imports if no deal is reached.
"We have been saying since the start... that we needed to reach an agreement that is truly fair and sustainable for everybody, like Britain first and then recently Japan have done," Urso said.
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