Trump escalates pressure on the EU: minimum tariffs may rise to 15% - 20%

ChainCatcher news, according to informed sources, Trump has raised his demands in trade negotiations with the EU, hoping to maintain tariffs on EU goods at least at 15% - 20% in any agreement reached. In the previous weeks, both sides planned to keep tariffs on most goods at a baseline level of 10%. However, Trump's tougher stance this time aims to test the EU's bottom line on tariff pressure.

Informed sources indicated that Trump is indifferent to the EU's recent proposal to lower auto tariffs and expressed willingness to keep auto tariffs unchanged at 25% as originally planned. An American official revealed that even if an agreement is reached, the U.S. government is considering setting reciprocal tariffs above 10%.

A senior EU diplomat stated that if Trump insists on setting reciprocal tariffs at 15% - 20%, it would revert to the levels at the beginning of trade negotiations in April this year, potentially forcing the EU to take retaliatory measures. (Jin Ten)