Bessent: Our Hope for a Deal with the EU Continues!
US Treasury Secretary Scott Bessent stated that the 90-day negotiation process, which started on April 2, is being conducted in a sincere manner. However, President Trump expressed his dissatisfaction with the quality of the EU's proposals. This led Trump to announce a 50% tariff on products imported from the EU.
Bessent expressed the hope that Trump's tough stance will encourage the EU to engage in more serious negotiations. He also said that negotiations with other countries are progressing positively and that some agreements could be announced before the end of the 90-day period.