qinbafrank
qinbafrank|May 25, 2025 23:29
June 1st is no longer a critical moment, and the United States and Europe have returned to the previous 90 day negotiation framework. European Commission President Von Drade took the initiative to contact Trump and prepared to "quickly and decisively" advance the trade negotiations with the United States. Trump agreed to extend the deadline to July 9. Yesterday, I talked about that Trump once again took out the tariff stick, which was dissatisfied with the slow negotiation process of the EU. As the deadline approached, he was also worried, so he put all his eggs in one basket. Looking at the 24 year trade data between the United States and Europe: https://(x.com)/qinbank/status/1926191836806135827? s=46&t=k6rimWsEbo2D2tXolYcM-A, If both sides really add a 50% tariff, the impact on the EU will be even greater.
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