After just a few days, Trump is back at it again, can’t we have a moment of peace!!!! Trump escalates pressure on the EU: minimum tariffs may rise to 15%-20%
According to informed sources, Trump has raised his demands in trade negotiations with the EU, hoping to maintain tariffs on EU goods at a level of at least 15%-20% in any agreement reached. In the weeks prior, both sides aimed to keep tariffs on most goods at a baseline level of 10%. However, Trump's more hardline stance this time is intended to test the EU's breaking point regarding tariff pressure.
Sources indicate that Trump is indifferent to the EU's recent proposal to reduce automobile tariffs and has expressed a willingness to keep the automobile tariff unchanged at 25%. An American official revealed that even if an agreement is reached, the U.S. government is considering setting reciprocal tariffs at over 10%. A senior EU diplomat stated that if Trump insists on setting reciprocal tariffs at the level of 15%-20%, it would revert to the levels at the start of trade negotiations in April this year, potentially forcing the EU to take retaliatory measures.