Trump Maintains Trade Talks with EU and Affirms There Are "Advances"

The U.S. president, Donald Trump, affirmed that his country continues to maintain conversations with the European Union (EU) to achieve a trade agreement before August 1st and that there are "advances," while at the same time reminding that, if there is no agreement, Washington has already decided to impose a 30% tariff on the Twenty-Seven. "We are talking with the EU and we are making progress. But, the truth is, we already have an agreement with the EU. It is called the letter that was sent," Trump said to journalists before departing for Pennsylvania, referring to the missive he sent to European negotiators last Saturday. "I believe that 30% (of tariffs) corresponds to the EU, but at the same time, we are talking," Trump added, who continues to send erratic messages about the aggressive trade policy he has undertaken since returning to the White House last January. Trump himself announced today a new framework for trading with Indonesia that prevents Jakarta from paying a 32% ...