EU wants upfront relief for key sectors in any U.S. trade deal, sources say
“The European Commission, which coordinates EU trade policy, is pushing three key points in Washington this week even as it accepts the U.S. baseline tariff of 10% as unavoidable.”
[Reuters]
Trump reaches Vietnam trade deal with 20% import tariff
“US officials reportedly pressured their Vietnamese counterparts in recent weeks to agree on a tariff figure, step up enforcement against trade fraud and end that nation’s status as a hub for transshipped goods made in third countries and assembled or repackaged in Vietnam for onward shipment to the US.”
[South China Morning Post]
Trump floats idea of imposing 30% or 35% tariffs on Japan
“He reiterated his complaint that Japan does not import enough cars or rice from the United States, claiming that it has ‘ripped us off for 30, 40 years.’”
[Kyodo News]
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