And importantly they will modify many of the regulations which we view as non tariff barriers that are unfair to US companies. On the reduction of tariffs piece, The EU has made a lot of progress in the past few weeks on passing a bill to eliminate tariffs on all industrial products coming from the US. and to give duty from free quotas for numerous important American agricultural goods. That's all great. They have a couple of amendments tied to that law which are unfortunate. (1:12:15–1:12:23)
CLAIM
Asserts that the EU is progressing on a bill to eliminate tariffs on US industrial products.
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