Chris Feland is considered the leading candidate for the position of chief economist in the Donald Trump administration and may head the Council of Economic Advisers after Senate confirmation.
The European Parliament has supported the advancement of legislation to remove tariffs on industrial goods from the United States and to expand access for American agricultural products to the EU market. A final decision is expected in the spring.
The European Union is closely studying the decision of the US Supreme Court to lift tariffs and is maintaining dialogue with Washington to clarify the next steps. The EU emphasizes the importance of stable trade relations and continues to advocate for reducing barriers.