Summary
Trump has rejected the EU’s “zero-for-zero” tariff offer on cars and industrial goods, demanding instead that the bloc commit to purchasing $350 billion of American energy to offset the trade deficit.
Following his implementation of 20% tariffs on EU goods last week, which triggered significant market downturns, Trump indicated openness to negotiations while emphasizing his “America First” stance.
He also criticized EU product standards as “non-monetary barriers” designed to block American exports.
Sounds like there won’t be any good faith negotiations with the US.
This sounds like BS, does the US even have enough capxitt or export $350 billion worth of energy (oil, LNG?).
Even I can sell $350B worth of energy if I increase the price enough.
That is one expensive AAA battery.
Too much effort. Just don’t deliver