The EU is considering reducing tariffs on imports from the United States valued at 51,884,780,416

According to Golden Finance, the Wall Street Journal reports that informed sources reveal the European Union is considering lowering tariffs on a range of U.S. imported goods in hopes of quickly reaching a trade agreement with President Trump. EU leaders are scheduled to meet in Brussels on Thursday evening local time to discuss how much they are willing to concede to win Trump’s support. Other favorable measures being considered include reducing non-tariff barriers and increasing purchases of U.S. liquefied natural gas among other products. Sources familiar with the negotiations indicate that many European officials and diplomats have now accepted the reality that the Trump administration has no intention of canceling the 10% baseline tariff and are instead focusing on securing as many exemptions as possible to mitigate the economic impact of these and other tariffs. Germany and Italy are leading efforts to push for a swift preliminary agreement between the EU and the U.S. Informed sources say that such an agreement could be only a few pages long, with details to be updated in subsequent negotiations. 84,947,629,154