The letter comes after the Commission last week dangled a list of potential concessions \u2014 including regulatory easing and joint efforts to curb Chinese overproduction.\u00a0<\/p>\n
Frustrated with the lack of engagement from the Trump administration, Brussels also put forward retaliatory tariffs on \u20ac95 billion worth of U.S. goods<\/a>, and is now consulting on those with EU countries and businesses.<\/p>\n Trump imposed a 10 percent baseline tariff in early April, along with 25 percent levies on cars and metals. <\/p>\n If the two sides fail to reach a deal by early July, a higher tariff of 20 percent would kick in as Trump seeks to even out a transatlantic trade deficit, which he\u00a0blames squarely on the EU<\/a>.<\/p>\n The exchange finally puts serious negotiations in play on the \u20ac1.6 trillion transatlantic trade relationship after Trump struck an early deal last week with the United Kingdom<\/a> and his top trade negotiator, Treasury Secretary Scott Bessent, agreed at the weekend to scale back triple-digit tariffs<\/a> in talks with Chinese Vice Premier He Lifeng.<\/p>\n So far, EU Trade Commissioner Maro\u0161 \u0160ef\u010dovi\u010d has failed to make headway in three rounds of face-to-face talks with the likes of Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer. That has sparked fears in Brussels that the bloc could end up at the back of the line<\/a> to do a U.S. trade deal.<\/p>\n The Commission declined to comment.<\/p>\n This story has been updated.<\/p>\n","protected":false},"excerpt":{"rendered":"The letter comes after the Commission last week dangled a list of potential concessions \u2014 including regulatory easing…\n","protected":false},"author":2,"featured_media":101474,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5311],"tags":[346,2915,2444,479,1201,1219,49,978,659,771],"class_list":{"0":"post-101473","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-united-states","8":"tag-cars","9":"tag-exclusive","10":"tag-regulatory","11":"tag-tariffs","12":"tag-trade","13":"tag-trade-war","14":"tag-united-states","15":"tag-us","16":"tag-usa","17":"tag-war"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114507625534361190","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/101473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=101473"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/101473\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/101474"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=101473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=101473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=101473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}