US Edition
Trump Pushes EU to Cut Tariffs or Face Extra Duties
- The Trump administration is pressuring the EU to cut tariffs unilaterally on U.S. Goods or face additional 20% reciprocal duties, with talks ongoing in 2025.
- The EU’s proposal involves exchanging tariff reductions on manufactured items and select farm goods, contingent on reciprocal actions, whereas the U.S. Insists on unilateral tariff eliminations along with the repeal of digital taxes.
- Despite exchanging negotiating documents and pausing tariffs on €23 billion of U.S. Goods, talks have made little progress, with trade officials describing the sides as too far apart.
- U.S. Trade Representative Jamieson Greer plans to tell EU counterpart Maroš Šefčovič that Brussels’ explanatory note “falls short of U.S. Expectations,” highlighting stalled negotiations.
- Without EU unilateral tariff reductions and negotiation on digital tax, the U.S.-EU trade dispute risks escalating, potentially harming both economies and global trade growth.
30 Articles
30 Articles
Donal O’Donovan: As Donald Trump’s threats get worse, the EU needs to be ready to play hardball
Here we go again. Shock Trump tariff announcement? Check. Plunging stock markets? Check. Horrified reaction among US trade partners? Check. Total domination of the news agenda? Check. Check. Check.
U.S. Demands Unilateral Tariff Cuts From EU
The U.S. Administration wants the EU to make unilateral cuts to its tariffs on American goods and abolish a proposed digital tax for trade negotiations to advance, sources briefed on the U.S. trade negotiators’ latest stance have told the Financial Times. The U.S. hit the EU with a 20% ‘reciprocal’ tariff in early April, but the Trump Administration later backtracked on the so-called reciprocal tariffs following a major market rout triggered by …
Financial Times
Trump pushes EU to cut tariffs or face extra duties
US negotiators to tell Brussels they expect unilateral concessions
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