Trump wants EU to lower tariffs and now they are being “very nice”

Comments from Trump:

• Russia wants to do a deal
• Putin and Zelensky need to work together
• Thinking about merging the US postal service with Commerce Dept
• US will soon impose reciprocal tariffs

I think that comment on Europe is another sign that Trump isn’t planning to use tariffs to raise (much) money but to extract concessions.

This article was written by Adam Button at www.forexlive.com.