Here’s What’s in the EU Trade Proposal That Trump Just Rejected

Here’s What’s in the EU Trade Proposal That Trump Just Rejected

US President Donald Trump blasted the European Union’s latest trade proposal, rejecting offers to jointly remove tariffs on industrial goods, to boost access for some American agricultural products and to co-develop AI data centers, according to people familiar with the matter.

Sceptical EU prepares revised terms for trade negotiations with Trump administration

The European Union has prepared a revised trade proposal to share with US negotiators, as it aims to inject momentum in talks with Donald Trump’s administration amid lingering scepticism that a transatlantic deal can be reached.

EU presents new trade proposal to the US

The document, in particular, proposes cooperation in export control and combating excess capacity

The European Commission presented plans on Wednesday (May 21, 2025) to remove trade barriers within the EU (European Union) as a strategy to increase the bloc's competitiveness. The initiative seeks to neutralize the impact of tariffs imposed by the United States, in addition to facilitating the expansion of companies across Europe. The IMF (International Monetary Fund) estimates that internal barriers in the EU amount to tariffs of 44% for good…

Will the EU reach a deal with the US on tariff alleviation? - Brussels Report

This week, the European Commission sharply cut its eurozone economic growth forecast for 2025, blaming this on the global trade tensions sparked by US President Donald Trump’s sweeping tariffs. Its estimate is now for the eurozone to merely experience 0.9 percent in 2025, sharply down from the previously forecasted 1.3 percent, as a result of “a weakening global trade outlook and higher trade policy uncertainty”. Apart from 25-percent levies on …

Market Consensus Renta 4 The EU would be preparing a revised trade proposal to advance discussions with the US administration. A proposal that could include tariff reductions for agricultural and industrial products and collaboration between the two countries in different fields, including digital trade, environmental standards or economic security. Also, areas of mutual investment and strategic cooperation in sectors such as energy, AI and dig…