U.S.-EU Trade Negotiations

SOURCE www.breitbart.com
The European Union rushed to set up meeting dates with U.S. negotiators after President Donald Trump threatened a 50% tariff. Trump announced the EU had reversed course on trade deal negotiations and was now eager to negotiate.

Key Points

  • President Trump threatened a 50% tariff on European imports, prompting the EU to speed up trade negotiations
  • EU had been criticized for being slow in trade deal talks
  • EU's decision-making process is hindered by complex structures and vetoes

Pros

  • Potential for improved trade relations between the U.S. and EU
  • Opportunity for Europeans to be happy and successful through a trade deal

Cons

  • EU's historically slow decision-making process may hinder progress
  • Potential for future tariffs on EU imports