In a promising development for international trade, Spanish Economy Minister Carlos Cuerpo voiced strong optimism about the prospects of a fair and balanced U.S.-EU trade agreement following a high-level meeting with U.S. Treasury Secretary Scott Bessent in Washington.
Cuerpo highlighted the significance of the United States’ 90-day pause on new tariffs, viewing it as a strategic opportunity to strengthen dialogue and cooperation between two of the world’s largest trading partners. The move has opened the door for negotiations aimed at reducing trade barriers and reinforcing economic growth on both sides of the Atlantic.
With €4.4 billion in daily trade flowing between the EU and the U.S., the transatlantic partnership remains vital to global commerce. Minister Cuerpo emphasized the importance of maintaining this momentum, stating his confidence in the EU’s leadership—particularly through Trade Commissioner Maroš Šefčovič—to deliver a trade framework that supports innovation, competitiveness, and shared prosperity.
Describing the conversation with Secretary Bessent as “constructive and useful,” Cuerpo underscored Spain’s commitment to enhancing its global trade role while working with international partners to ensure stability and long-term collaboration.
This dialogue reflects a shared vision for fair trade practices and continued progress in shaping a future-focused, open global economy.
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