Express
Trade Analyst: Trump Letter May Strengthen EU's Retaliation Belief
Summary: According to sources, former US Assistant Trade Representative for Europe and the Middle East, Dan Marani, stated that he believes Trump's letter to the EU is aimed at pushing for a better deal. Trump had previously threatened to impose a 50% tariff on the EU in May, which seems to have accelerated the negotiation process. ...
According to sources, former US Assistant Trade Representative for Europe and the Middle East, Dan Marani, stated that he believes Trump's letter to the EU is aimed at pushing for a better deal. Trump had previously threatened to impose a 50% tariff on the EU in May, which seems to have accelerated the negotiation process. However, Marani mentioned that this letter may encourage those within the EU who want to retaliate, as they believe the US is not serious about reaching an agreement. He said: 'These people will feel that their views are justified.'
