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Exclusive: Trump's Former Commerce Secretary Says an over-Confident White House May Push Trade Allies Like the EU Too Far
3 Articles
3 Articles
Exclusive: Trump's former commerce secretary says an over-confident White House may push trade allies like the EU too far
Trump’s former Commerce Secretary, Wilbur Ross, warns that while the U.S. has achieved notable progress in trade negotiations, overconfidence could lead American negotiators to push too hard for concessions foreign governments cannot make. He is particularly concerned that “chesty” tactics with complex partners like the European Union could stall agreements—something Jamie Dimon has warned could ultimately strengthen America’s rivals. As the wor…
They ordered their teams to speed up trade negotiations to avoid a tariff war. Washington’s threat of 50% levies pushes the EU to seek an agreement before July 9th.
The President of the United States or, at the end of May, immediately impose 50% tariffs (instead of the 20% initially claimed) in Brussels n would show greater availability for negotiations.
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