As Washington expects the EU Trade Agreement in Limbo

The European Union (EU) reached the trade agreement with the United States, uncertainty was continuously.

The goal was to agree within a framework when US President Donald Trump’s “mutual” tariffs were temporarily delayed. The EU was still working for this schedule earlier in the week.

However, this deadline has already passed – agree without trading partners.

However, a frame can be established as soon as possible this week, Trump, offered Tuesday.

“Probably, we will rest two days from sending a letter. We talk to them,” he said, a letter sent to a letter transfer or tariffs will be decided.

Trump On Monday, Social Media said the letters were sent to 14 countries To display new tariff rates.

Then, Wednesday said At least seven countries had received letters explaining the duties of punishmentand declared 50% tariff in Brazil For the role of the old Brazilian President Jair Boldsonaro, in part of the country’s 2022 election results against the current court.

There is an EU – so far – did not receive a letter.

This recorded a change in tons from Trump often The issue of trade relations between Washington and Brussels has claimed to be unfair and unbalanced.

According to Council of EuropeWhen trading between the EU and the United States in 2024, when both the goods, both the goods and goods trade, the general trade surplus, a surplus of the total trade surplus, celebrated a surplus while leaving a total trade surplus for about 50 billion euros.

US Trading Secretary Howard Lutnick, meanwhile, the deal was on the table.

“We will receive our owners, our loans, our loans, our real offers, we will receive our markets, American farmers, fishermen, finally the spirit of American entrepreneurship finally,” he said. talker CNBC’s “power lunch” on Tuesday.

“The president took these deals on the table and he thinks he wants to play them,” he said.

EU expected to agree with an initial tariff 10% of the EU, it will be expected to discuss some freedoms or launch other deals on special sectors. This would be lower than a 50% tariff trump that calls earlier.

President of the European Commission Ursula Von Der Leyen said on Wednesday and responded to Trump’s comments: “We follow our principles, we are defending our interests, and we continue our work with good faith and are preparing for all scenarios,” he said.

On Wednesday, Squawk Box Europe, Peter Chase, the German Marshall Fund, the question is acceptable for Europe, the 10% fee for Europe is acceptable to the United States.

“You know, this is not an exporter, but an importer who pays tariff,” he said. “If there are 10% of Europeans and Korean tariffs, there are 25% tariffs … An American business pays more to pay for each other for the same product,” he said.

Therefore, European enterprises “deal with it, but it is an American customer to pay for it,” he said.