The European Union is identifying concessions it’s willing to make to Donald Trump’s administration in order to secure the partial removal of the US tariffs. EU officials were told at meetings this week in Washington that there was no way to avoid new auto and so-called reciprocal tariffs. That has prompted the European Commission to start working on a “term sheet” for a potential agreement, which would set out areas for negotiations, including lowering its own duties, mutual investments with th
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2025-03-28
