Reported 24 days ago
The European Union is preparing to make concessions to the Trump administration in hopes of mitigating recently imposed tariffs that are adversely affecting EU exports. With additional tariffs expected to take effect, the EU is formulating a negotiation strategy focusing on lowering its own duties, fostering mutual investments, and addressing regulatory concerns. Despite these efforts, EU officials foresee a challenging negotiation landscape, which may leave transatlantic trade relations in a strained position.
Source: YAHOO