Trump urges the EU to make unilateral concessions, while the EU insists on the "principle of reciprocity."

2025-05-23 12:13:12
Collection

ChainCatcher news, according to Jin Shi reports, informed sources reveal that Trump's trade negotiation representatives are pressuring the EU to unilaterally reduce tariffs on American goods, stating that without concessions, the EU will not be able to make progress in negotiations, which means the EU will face more tariffs. U.S. Trade Representative Jamieson Greer plans to inform EU Trade Commissioner Šefčovič today that the "explanatory note" recently submitted by the EU for negotiations did not meet U.S. expectations.

The U.S. is dissatisfied that the EU only proposed mutual tariff reductions, rather than committing to unilateral tax cuts like other trading partners. In addition, the EU has not included its proposed digital tax in the negotiation agenda as requested by the U.S. Informed sources say that the EU has been pushing for a jointly recognized framework text for negotiations, but significant differences remain between the two sides.

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