EU to accept Trump's universal tariff but seeks key exemptions, Bloomberg News reports
- The European Union is considering a trade alliance with Asia-Pacific countries to counter U.S. pressures, according to European Commission President Ursula von der Leyen.
- U.S. President Donald Trump has threatened to impose a 50% tariff on all EU goods if no trade deal is reached by the deadline, increasing tensions between the EU and the U.S.
- The EU may impose retaliatory tariffs on $21 billion worth of U.S. goods if no agreement is made by the deadline, as diplomats reported.
- The EU's trade chief, Maro efovi, is set to meet with U.S. officials in Washington for last-minute negotiations just days before the deadline, amid concerns over retaliatory tariffs.
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EU to accept Trump universal tariff but seeks key exemptions
BRUSSELS — The European Union is willing to accept a trade arrangement with the U.S. that includes a 10% universal tariff on many of the bloc’s exports, but wants the U.S. to commit to lower rates on key sectors such…
·Colorado Springs, United States
Read Full ArticleWilling to accept 10 percent tariffs • Want to see exemptions in several sectors
·Stockholm, Sweden
Read Full ArticleCoverage Details
Total News Sources19
Leaning Left6Leaning Right0Center7Last UpdatedBias Distribution54% Center
Bias Distribution
- 54% of the sources are Center
54% Center
L 46%
C 54%
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