Trump urges EU to unilaterally make concessions, EU adheres to 'reciprocity principle'

金色财经
金色财经|May 23, 2025 04:12
According to the Financial Times, sources familiar with the matter have revealed that Trump's trade negotiators are forcing the European Union to unilaterally reduce tariffs on American goods, and have stated that without concessions, the EU will not be able to make progress in negotiations, which means the EU will face more tariffs. US Trade Representative Jamieson Greer plans to inform EU Trade Commissioner Shevchenko today that the EU's recent "explanatory notes" submitted for negotiations did not meet US expectations. The United States is dissatisfied with the EU's proposal to jointly reduce tariffs, rather than committing to unilateral tariff reductions like other trading partners. In addition, the EU did not include its proposed digital tax in the negotiation agenda as requested by the US. Insiders say that the EU has been pushing for a mutually agreed framework text for negotiations, but there are still significant differences in positions between the two sides. (Golden Ten)
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