Trump, European Union and tariff
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President Trump is pushing through with his tariff agenda, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.
The European Union will not receive a letter from the United States setting out higher tariffs, EU sources familiar with the matter told Reuters on Monday, and is eyeing possible exemptions from the U.
The European Union is willing to accept a trade arrangement with the US that includes a 10% universal tariff on many of the bloc’s exports, but wants the US to commit to lower rates than that on key sectors such as pharmaceuticals,
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Cryptopolitan on MSNEU agrees to Trump’s universal tariff plan, seeks exemptionsThe EU is open to a 10% universal tariff deal with the US, but wants lower duties on key sectors like pharmaceuticals and cars.
With a deadline of July 9 looming, the two economic superpowers are locked in a tense negotiation to avert a trade war.
The European Union is willing to accept a trade arrangement with the US that includes a 10% universal tariff on many of the bloc’s exports, but wants the US to commit to lower rates on key sectors such as pharmaceuticals, alcohol, semiconductors and commercial aircraft.
The EU is willing to accept a trade arrangement with the U.S. that includes a 10% universal tariff on many of the bloc’s exports, but wants the U.S. to commit to lower rates on key sectors.