CoinVoice has learned that, according to Jin Ten reports, former U.S. Assistant Trade Representative for Europe and the Middle East Dan Mulaney believes that Trump's letter to the EU is aimed at pushing the EU to reach a better agreement. Trump previously threatened to impose a 50% tariff on the EU in May, a move that seems to have accelerated the negotiation process.

However, Mulaney said that this letter could encourage those within the EU who want to retaliate, as they believe the U.S. is not serious about reaching an agreement. He said, "These people will feel that their views are justified." [Original link]