Maroš Šefčovič’s remarks come after pace of talks prompted Trump to propose 50% tariff on goods from bloc
The European Union’s trade chief has struck a defiant tone after Donald Trump threatened to place a 50% tariff on all goods from the bloc, saying any potential trade deal between Brussels and Washington must be based on “respect not threats”.
The US president made his announcement after voicing frustration with the pace of progress on a trade agreement with the EU. The new rates would come into effect from 1 June.
Maroš Šefčovič’s remarks come after pace of talks prompted Trump to propose 50% tariff on goods from blocThe European Union’s trade chief has struck a defiant tone after Donald Trump threatened to place a 50% tariff on all goods from the bloc, saying any potential trade deal between Brussels and Washington must be based on “respect not threats”.The US president made his announcement after voicing frustration with the pace of progress on a trade agreement with the EU. The new rates would come into effect from 1 June. Continue reading… Trump tariffs, European Union, Donald Trump, Europe, US foreign policy, Stock markets, US news, World news, International trade, Tariffs, Business, Global economy Business | The Guardian