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.

  • @[email protected]English
    0•18 days ago

    Ok, let’s negotiate. How about this: I’ll buy one Big Mac, and in return US will buy 3000 Volkswagens, 1500 Mercedes(es?!?) and at least 3 French or Italian cars…

    That way the US ends up with good cars, and I am willing to risk my own health in order to improve the relations.