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EU struggling find trade deal to satisfy Trump despite reprieve from 50% tariffs

TCC

Well-known
The European Union may have won a reprieve from President Trump’s threatened 50% tariffs, but it remains unclear how the bloc will square its push for a mutually beneficial trade deal with Washington’s demands for steep concessions.

Trump backed away from imposing the levies on EU imports from June 1 after a call with European Commission President Ursula von der Leyen, restoring a July 9 deadline to allow talks between the U.S. and the 27-nation union to produce a deal.

The European Commission, which oversees trade policy for the EU, said the call had added new impetus to the negotiations, which the two presidents had agreed to fast track.

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Wow. Emperor of the EU. Go daddy :p
 
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