
Image credit: Getty Images
US President Donald Trump’s trade negotiators are pushing the EU to make unilateral tariff reductions on US goods, saying without concessions the bloc will not progress in talks to avoid additional 20 per cent “reciprocal” duties, the Financial Times reported on Friday.
Read-Trump’s Saudi Arabia visit unlocks $600bn in investment deals
US Trade Representative Jamieson Greer is preparing to tell European Trade Commissioner Maros Sefcovic on Friday that a recent “explanatory note” shared by Brussels for the talks falls short of US expectations, the newspaper said citing unnamed sources.
The FT added that the European Union has been pushing for a jointly agreed framework text for the talks but the two sides remain too far apart.