As the August 1 deadline approaches, the EU is increasingly dissatisfied with U.S. trade negotiation methods. Preparations for potential failure are being expedited, with sources suggesting a need to finalize countermeasures against U.S. tariffs estimated at $108 billion. The U.S. has proposed tariffs of 15% to 20% on EU imports, sparking concerns among European officials, especially regarding specific sectors targeted by U.S. investigations. There is a noticeable decline in optimism among EU diplomats, leading to a shift in strategy towards comprehensive responses to U.S. actions.
The EU is growing weary of Washington's negotiating methods as the August 1 deadline for trade negotiations approaches, indicating a potential lack of agreement.
European diplomatic sources express a growing consensus that preparations for potential failure in trade negotiations must be accelerated as negotiations become unsatisfactory.
The latest U.S. offer includes tariffs of 15% to 20% on all imports from the EU, with specific exceptions, which has raised concerns among EU member states.
Some EU officials are expressing a lack of optimism about the negotiations, suggesting a shift in mood towards preparing full countermeasures against U.S. tariffs.
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