The EU is ready to make concessions in trade talks with the US

1. Brussels Initiative

— According to the WSJ, the European Union is considering the possibility of lowering tariffs on American imports.

— Such a move is seen as a gesture of goodwill and an attempt to expedite the achievement of a trade deal with the administration of Donald Trump.

2. Political Context

— The decision may be linked to the approaching deadline for trade agreements — earlier, the White House emphasized that it would not be extended.

— The EU, thus, aims to maintain economic ties with the US on a stable basis and reduce the risks of escalating tariff tensions.