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Howard Lutnitsa, the secretary of the US Trade, speaks during the Pennsylvania for the Energy and Innovation Summit of 2025 at Carnegie University Mellon in Pittsburgh on July 15, 2025.
David A. Grogan | Cnbc
Secretary of Commerce Howard Lutno said on Sunday that European Union have to agree to open their markets for US export to persuade the president Donald Trump to a decrease “mutual” tariffs on a 27-member block.
Recom’s comments suggest that Trump is open to deal with the EUBut he once again confirmed that the president still believes that about 50-50 chances that could eventually reach.
“The question is whether they offer President Trump a good enough cause that he refused 30% of the tariffs he set,” Lutno said further Fox News.
The comments of the secretary of the trade still raise questions about how “well enough” with the largest trading partner of the United States will look like in the main time for trading negotiations.
Trump intends to negotiate with the President of the European Commission, Ursula von der leyena few days before August 1 Trump’s tariffs came into force.
On the eve of the main trade term, Trump said on Friday that “we have 50-50 chances, maybe less than 50-50 chances to make a deal with the EU.”
He said that the points are sticking remain “Perhaps from 20 different things,” raising questions about whether two leaders may approach the transaction on Sunday.
Because Trump threatened to impose 30% tariffs on the EU, the block weighing measures, such as using it “Tool against the fucking“The step that is regarded as a” trading Bazuk “of the trade bloc.
Such a step may interfere Participants’ participation On the EU market.
