(MENAFN) The United States is increasingly frustrated with the European Union due to the sluggish implementation of tariff cuts and regulatory adjustments under a recent trade agreement, according to a senior negotiator in Washington cited by a media outlet.

The trade pact, signed in July by European Commission President Ursula von der Leyen and US President Donald Trump, enforces a 15% tariff on EU car exports and most other goods.

It also obliges the EU to purchase $750 billion in US oil and gas and invest $600 billion in the American economy over a three-year period.

US Trade Representative Jamieson Greer told the media outlet that EU tariffs on American exports remain excessively high despite the accord.

He noted that Brussels’ regulations and non-tariff obstacles still hinder US exports and restrict market access, while Washington has “historically had very broad access for them [EU goods].”

Greer stated, “We did not solve every problem in our relationship with our joint statement from earlier in the year,” emphasizing that trade, which he described as “quite unbalanced,” has consistently been “a flashpoint.”

These remarks come ahead of Greer’s planned trip to the EU later this week to meet Trade Commissioner Maros Sefcovic. Additionally, US Commerce Secretary Howard Lutnick will hold discussions with Sefcovic and EU trade ministers in Brussels on November 24.

The US has submitted a formal complaint to Brussels and is developing a five-point strategy in response.

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