EU Sees New US Trade Demands Hollowing Out Trump Deal

The European Union (EU) officials have expressed concerns over the recent US trade demands, which they believe could undermine the agreement reached between the allies to avoid a trade war. The EU officials have pointed out that the new US demands, including additional concessions and other measures, could potentially "hollow out" the previously reached deal. The agreement had brought the EU and the US back from the edge of a trade conflict. The officials emphasized the importance of maintaining a stable and predictable trade relationship between the two economic powerhouses. They warned that any further escalation or undermining of the existing deal could have serious consequences for the global economy. The article suggests that the EU is closely monitoring the situation and is determined to preserve the fragile trade truce, which was seen as a crucial step in avoiding a damaging trade war between the longtime allies.
Source: For the complete article, please visit the original source link below.