Germany expects US to honor current EU trade agreement

Investing.com -- Germany said today it expects the United States to honor the existing EU-US trade agreement as Washington proposes new tariffs on European imports.

A German government spokesperson stated during a press conference that Berlin's focus remains on implementing the current trade agreement between the European Union and the United States.

The comments came in response to questions about proposed US tariffs of 10% on imports from the EU and other economies. The US administration cited failures to curb trade in goods made with forced labor as the reason for the new tariffs.

"Our focus is on ensuring that the existing EU-US trade agreement is now implemented, we have no doubt that existing agreement will be honored," the German government spokesperson said.

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