Netherlands International: EU still has time to reach trade agreement with US

Golden Finance reported that while EU leaders were preparing to deal with Trump's threat to impose 30% tariffs on European imports, economists Carsten Brzeski and Inga Fechner of the Netherlands International Bank wrote: "Trump wrote to von der Leyen at the weekend that the tariffs would take effect on August 1. Three weeks is a long time." It was correct for the EU to wait for this deadline before taking counter-measures against US imports of steel and other products. They told investors that there is still a lot of room for negotiation in the current situation. We can only repeat the previous viewpoint that there are no winners in a trade war, only losers