Brussels’ zero-for-zero tariff offer not enough, U.S. president says, but indicates he’s open to a deal if the bloc commits to closing the trade deficit in goods.

Summary

Trump has rejected the EU’s “zero-for-zero” tariff offer on cars and industrial goods, demanding instead that the bloc commit to purchasing $350 billion of American energy to offset the trade deficit.

Following his implementation of 20% tariffs on EU goods last week, which triggered significant market downturns, Trump indicated openness to negotiations while emphasizing his “America First” stance.

He also criticized EU product standards as “non-monetary barriers” designed to block American exports.

  • @AwkwardBroccolli@lemmy.mlEnglish
    19•17 days ago

    EU should target the services. US exports services like google, meta etc than goods. If that happens, US goes to depression.

    • @Cryan24@lemmy.worldEnglish
      1•17 days ago

      That one could be trickier as many Europeans work for the US big service companies ( Microsoft, Google etc…)