Trump Escalates Pressure on EU: Minimum Tariffs Could Increase to 15%-20%

By: theblockbeats.news|2025/07/19 01:12:09
0
Share
copy

BlockBeats News, July 19th, according to sources familiar with the matter, Trump has raised his demands in his trade negotiations with the European Union, hoping to maintain tariffs on EU goods at a level of at least 15%-20% in any agreed-upon deal. In the preceding weeks, both sides were considering keeping tariffs on most goods at a baseline level of 10%. However, Trump's tougher stance this time is aimed at testing the EU's tolerance for tariff pressure.

Sources said Trump remains unmoved by the EU's recent proposal to lower car tariffs and has indicated his willingness to keep the car tariffs at the originally planned 25%. A U.S. official revealed that even if an agreement is reached, the U.S. government is considering setting reciprocal tariffs at 10% or higher.

A senior EU diplomat stated that if Trump insists on setting reciprocal tariffs at 15%-20%, it would go back to the levels seen at the beginning of the trade talks in April this year, potentially compelling the EU to take retaliatory measures. (Jinse)

-- Price

--

You may also like

Electric Capital: Tracking 501 types of yield-generating RWA assets, we discovered these patterns

From private credit to GPU leasing, from catastrophe bonds to music royalties, the range of tokenizable assets is much richer than the market perceives. However, the biggest challenge is not technology, but distribution—existing RWAs heavily rely on a few large deployers, and the concentration of ri...

Those who are cut off by AI will not disappear; they will become the creators of the next round of the economy

AI is not eliminating people, but rather the superstition of "stable careers": those who break the shackles of organizations and understand how to rewrite themselves are ushering in the ultimate revenge.

Stablecoins reshaping cross-border payments in Asia? Strategic panorama and investment opportunity analysis

With the popularity of local payment channels, the costs of traditional transfers have been significantly reduced, and the fees are now mainly concentrated in the domestic settlement phase, which is precisely what stablecoins cannot bypass.

Zuckerberg is building an AI agent to help him as CEO

Zuckerberg is reported to be personally developing a "CEO proxy" to accelerate information acquisition and reduce management layers.

Bloomberg: Swiss Private Bank Old Guard Rifts, Is Bitcoin the Spark?

For Marc Syz, this is both a bet on the digital asset track and a complete break from Switzerland's long-established private banking dynasty.

Zuckerberg is building an AI assistant to help him be CEO

Mark Zuckerberg has been reportedly personally developing a "CEO Proxy" to speed up information flow and reduce management layers.

Popular coins

Latest Crypto News

Read more