BlockBeats news, on June 21, during U.S.-EU trade negotiations, the United States demanded that the EU make unilateral concessions that EU officials view as unbalanced. If the terms of a potential agreement do not improve, the EU will face the difficult decision of whether to take countermeasures. According to insiders, the best-case scenario is still to reach an agreement on principles, allowing negotiations to continue beyond the July deadline.
The demands from Washington can be categorized into three types. The first type involves measures related to fish export quotas, which EU officials indicate may not comply with WTO rules. The second type involves non-reciprocal tariff-related measures. The third type consists of a series of economic security requirements described by EU officials as far-fetched.
Insiders indicate that even if an agreement is reached, many of Trump's tariffs will remain unchanged. The EU has been seeking a mutually beneficial agreement and will assess any final outcome, deciding at that stage how much asymmetry it is willing to accept—if any. (Golden Ten)