Brussels’ zero-for-zero tariff offer not enough, U.S. president says, but indicates he’s open to a deal if the bloc commits to closing the trade deficit in goods.

cross-posted from: https://lemmy.world/post/27931079

Summary

Trump has rejected the EU’s “zero-for-zero” tariff offer on cars and industrial goods, demanding instead that the bloc commit to purchasing $350 billion of American energy to offset the trade deficit.

Following his implementation of 20% tariffs on EU goods last week, which triggered significant market downturns, Trump indicated openness to negotiations while emphasizing his “America First” stance.

He also criticized EU product standards as “non-monetary barriers” designed to block American exports.

  • ThisIsDys
    7·
    6 days ago

    Why would we buy their energy? To prop up their dying coal/oil industry at the expense of our planet? Even if we did as he asked, to our own great harm, he’d find some other demand to make so long as we’re reliant on their military industry and tech stack.