Trump Pushes for up to 20% Minimum Tariffs on European Union: FT
UNITED STATES, JUL 17 – President Trump demands 15-20% minimum tariffs on EU imports to address trade imbalances, risking $50 billion in US customs revenue and escalating tensions before the August deadline.
- U.S. President Donald Trump is demanding tariffs between 15-20% on imports from the European Union, according to the Financial Times report.
- Trump's demands have intensified following weeks of negotiations over a possible framework deal, as reported by the Financial Times.
- As the August 1 deadline approaches, talks between the U.S. and the EU appear to have stalled.
- EU officials argue that trade is more balanced when services and investments are considered, despite Trump's concerns about a 198 billion euro trade surplus.
97 Articles
97 Articles
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