EU: Uncertainty Looms Over EU-US Trade Negotiation Prospects

BlockBeats News, May 31, on May 30 local time, European Commissioner for Trade and Economic Security Shevchovich held a call with U.S. Secretary of Commerce Lutenik. Shevchovich emphasized that both sides should continue to advance cooperation, committed to finding forward-looking solutions to ease the current trade tensions. On the same day, European Commissioner for Economic Affairs Dombrovskis stated that against the increasingly complex global backdrop, the EU remains committed to an open external strategy. Currently, EU-U.S. trade negotiations are at a critical stage, with both sides striving to reach an agreement before July 9. Dombrovskis stated that the EU is always committed to finding a negotiated solution with the U.S. However, the prospects for trade negotiations between the EU and the U.S. remain uncertain. (Oxpecker)