German economic minister is on the wires saying:
EU is currently negotiating from a position of weakness and must change this.New tariffs bring an enormous burden. Will measure US against commitments from Sunday.Cannot say how much of the USD $600 billion investment in the US will fall on Germany
US Commerce Sec. said that Trump conducted a master class with his negotiations with the EU but said that over time, EU will recognize that they made a good deal. Trump looks for reshoring or tariffs.
This article was written by Greg Michalowski at investinglive.com.