Trump Urges EU to Make Unilateral Concessions While EU Sticks to 'Reciprocity Principle'

According to reports from HashChain, Trump's trade negotiators are currently urging the EU to unilaterally reduce tariffs on American goods, stating that if no concessions are made, the EU will find it difficult to make progress in negotiations, implying that the EU will face more tariffs. The U.S. Trade Representative plans to inform the EU Trade Commissioner today that the EU's recent submission of an 'explanatory note' did not meet U.S. expectations. The U.S. is dissatisfied with the EU's suggestion to jointly reduce tariffs, unlike other trade partners who have committed to unilaterally lowering tariffs. Additionally, the EU has not yet included its proposed digital tax in the negotiation topics as requested by the U.S. The EU has been pushing for a commonly accepted framework text for negotiations, but there are still significant differences in the positions of both sides.