Trump's pressure on the EU escalates: minimum tariffs may rise to 15% - 20%
TechFlame
2025-07-18 16:32
TechFlame2025-07-18 16:32
English
According to TechFlame, according to people familiar with the matter, Trump raised the requirements in his trade negotiations with the EU, hoping to maintain tariffs on EU goods at least 15% to 20% in any agreement reached. In the previous few weeks, the two sides planned to maintain tariffs on most products at the basic level of 10%. However, Trump's tougher stance this time is aimed at testing the bottom line of the EU's ability to withstand tariff pressure. People familiar with the matter said that Trump is indifferent to the EU's latest plan to reduce automobile tariffs recently, and expressed his pleasure to keep automobile tariffs unchanged at 25% according to the original plan. A US official revealed that even if an agreement is reached, the US government is considering setting equal tariffs above 10%. A senior EU diplomat said that if Trump insists on setting equal tariffs at 15% to 20%, this will return to the level at which trade negotiations began in April this year and may force the EU to take retaliatory measures. (gold 10)