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EU plans concessions to secure partial removal of U.S. tariffs, Bloomberg says

European Union officials are identifying concessions the bloc is willing to make to Donald Trump’s administration to secure the partial removal of the U.S. tariffs that have already started hitting exports and are set to increase after April 2, according to Bloomberg. EU representatives were told at meetings this week in Washington that there was no way to avoid new auto and so-called reciprocal tariffs that Trump is launching next week, people familiar with the talks told Bloomberg’s Alberto Nardelli and Shawn Donnan, but discussions also began on what the contours of a potential deal to reduce them should eventually look like.

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