Summary
- The European Union (EU) reported that it is considering putting on hold the approval process for a trade agreement with the United States in response to the possibility of expanded tariffs by President Trump.
- BSC News reported that, as the Trump administration's tariff threats intensify, the EU is preparing a plan to temporarily suspend the approval process for the pending US-EU trade agreement.
- According to the report, the EU was said to have judged that if the imposition of additional tariffs materializes, it would be necessary to reassess the agreement's economic impact and political fallout.
The European Union (EU) is reportedly considering putting on hold the approval process for a trade agreement with the United States in response to the possibility that President Trump could expand tariffs.
On the 23rd, BSC News, a channel specializing in virtual assets (cryptocurrencies), reported that "as the Trump administration's tariff threats have recently intensified, the EU is preparing a plan to temporarily suspend the approval process for the pending US-EU trade agreement."
According to the report, the EU side is said to have judged that if the possibility of additional tariffs materializes, it would be necessary to re-examine the agreement's economic impact and political fallout.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
