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The United States returns to the EU on the trade war – alluding to the will of Trump to find an agreement – politico

Eleon by Eleon
May 14, 2025
in politics
0
The Liechtenstein gets to the first female head of government after the elections – politico

The letter comes after the commission last week suspended a list of potential concessions – including regulatory relaxation and joint efforts to limit Chinese overproduction.

Frustrated by the lack of commitment from the Trump administration, Brussels also presented reprisal rates on 95 billion euros in American products and now consults EU countries and companies.

Trump imposed a reference rate of 10% in early April, as well as 25% of samples from cars and metals.

If the two parties fail to conclude an agreement in early July, a higher tariff of 20% would be triggered while Trump seeks to equalize a transatlantic trade deficit, that he blames the EU.

The exchange finally puts serious negotiations at stake on the transatlantic commercial relationship of 1.6 euros after Trump concluded an agreement early last week with the United Kingdom and its best commercial negotiator, the Treasury Secretary Scott Bessent, agreed on the weekend to develop the three-digit prices in talks with the Chinese Vice-Prime Minister.

Until now, the EU trade commissioner, Maroš Šefčovič, has failed to advance in three cycles of face -to -face talks with people like the commercial secretary, Howard Larnick, and the representative of American trade Jamieson Greer. This aroused fears in Brussels that the block could be at the back of the line to conclude an American trade agreement.

The committee refused to comment.

This story has been updated.

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