EU Leaders Sound Hopeful on Trump Trade Negotiations
A day after Trump called the European Union’s top official “so fantastic,” she and Germany’s chancellor emphasized a desire to negotiate on tariffs.
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A day after Trump called the European Union’s top official “so fantastic,” she and Germany’s chancellor emphasized a desire to negotiate on tariffs.
The president said reducing tariffs to 80 percent from the current 145 percent “sounds right,” as U.S. and Chinese negotiators prepare to meet in Switzerland.
A deal would be a positive sign for both governments, which have eyed an agreement since President Trump’s first term.
The Treasury secretary and trade representative plan to meet with Chinese officials this weekend to discuss trade and economic matters.
As he proposes ever stiffer tariffs, President Trump has normalized his merely big ones.
Scott Bessent, the Treasury secretary, and Jamieson Greer, the United States trade representative, will discuss trade and economic matters with the officials this week.
After weeks of bragging about upcoming trade “deals” with foreign countries, President Trump says the United States doesn’t need to worry about them after all.
The president provided no other details, but suggested he would share the news before he leaves for a trip to the Middle East next week.
The Treasury secretary said that trade deals with other U.S. trading partners could be announced as soon as this week.
The Canadian prime minister will meet with President Trump, days after being elected on an anti-Trump platform as relations between the two allies are at a historic nadir.