Mars Finance News, on March 27, the EU predicts that the "reciprocal tariffs" plan announced by US President Trump on April 2 will reach a double-digit tariff rate for the entire EU. According to informed sources, the US intends to impose a unified tax rate on the EU, rather than setting differentiated standards for member states. This week, EU Trade Commissioner Sefkovic predicted that Trump will impose tariffs of around 20% on the EU next week. Moreover, the United States has not indicated any exemptions or exceptions. According to the first official to receive a briefing on the negotiations, Sefkovic warned US officials that imposing a 20% tariff on goods imported from the EU would be "devastating" to the EU. The US tariff level will be higher than at any stage since the EU founding members introduced their common trade policy in the late 1950s. Informed sources said that negotiations have not made substantial progress, and the EU is powerless to prevent the tariffs from being implemented. Due to the need to assess specific details, the EU's retaliatory measures may be delayed. (Jinshi)
Trump may impose tariffs of about 20% on the EU without any exemptions or exceptions
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