Editor's PiCK
"United States demands 'unilateral concessions' from EU in trade talks... Possible EU consideration of retaliatory measures"
Summary
- The United States reportedly demanded unilateral concessions in trade negotiations with the European Union (EU).
- The EU announced the possibility of considering retaliatory measures in response to the US demands.
- Even if an agreement is reached, tariffs imposed during the Trump administration are expected to remain in effect.
The United States has reportedly demanded unilateral concessions from the European Union (EU) during trade negotiations, causing US-EU trade talks to enter a tense phase.
On the 21st (local time), the virtual asset (cryptocurrency) specialized media outlet Blockbeat, citing sources, reported, "It is known that in the trade negotiations between the United States and the EU, the United States demanded unilateral concessions from the EU that are difficult to accept," and added, "If the potential terms of the agreement do not improve, the EU will have to make a difficult decision regarding potential retaliatory measures."
The source also stated, "Even if an agreement is reached, many of the tariffs introduced during the Trump administration will likely remain in place."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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