Trump Calls for New Trade Deal with EU, Seeking Bilateral Advantage

President Trump has urged the EU to initiate new negotiations for a trade deal, proposing a framework that prioritizes mutual benefits and reciprocal concessions. The EU, in turn, seeks to leverage this opportunity to advance its fossil fuel sector by pursuing a separate agreement on energy cooperation with the US. These discussions underscore the crucial need for a balanced approach to trade relations between the US and EU, as both sides aim to achieve greater economic equilibrium. Despite potential for improved trade policies, industry analysts expect existing US tariffs on EU goods to remain in place during negotiations.