Trump pushes EU to cut tariffs or face extra duties.US trade representative Greer preparing to tell EU counterpart Sefcovic that recent “explanatory note” falls short of US expectations.US negotiators to tell Brussels they expect unilateral concessions.
Well, it’s been pretty clear that trade deals with EU and Japan were going to be harder since the two countries took a more hardline stance on tariffs compared to UK for example. The EU has been repeating that they won’t accept 10% as a baseline for tariffs.
This article was written by Giuseppe Dellamotta at www.forexlive.com.