The European Union has shared a revised trade proposal with the U.S., aiming to inject momentum into talks with President Donald Trump's administration. The proposal includes plans to hit €95 billion ($108 billion) of U.S. exports with additional tariffs in response to Trump's threats of imposing a 50% tariff on all EU imports starting June 1.
The EU's proposal seeks to address U.S. concerns by including international labor rights, environmental standards, and other areas of mutual interest. However, Trump's administration has expressed skepticism about reaching a transatlantic deal.
The outcome of these negotiations will significantly impact transatlantic trade relations and global economic stability.
Vietnam Steel by Hoa Sen Group
