- Trump pushes EU to chop tariffs or face additional duties.
- US commerce consultant Greer getting ready to inform EU counterpart Sefcovic that latest “explanatory observe” falls wanting US expectations.
- US negotiators to inform Brussels they anticipate unilateral concessions.
Properly, it has been fairly clear that commerce offers with EU and Japan have been going to be more durable because the two nations took a extra hardline stance on tariffs in comparison with UK for instance. The EU has been repeating that they will not settle for 10% as a baseline for tariffs.
This text was written by Giuseppe Dellamotta at www.forexlive.com.
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