Economics
U.S. Warns EU Tariff Threat Will Return Unless Juncker Delivers
- U.S. Ambassador to the EU Gordon Sondland speaks in interview
- He says ‘good faith and understanding’ haven’t persisted
U.S. President Donald Trump and Jean-Claude Juncker in Washington, D.C. on, July 25.
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
The U.S.-European trade truce struck last summer that’s helped keep punitive tariffs at bay is at risk of unraveling, with America’s top diplomat to the European Union citing a lack of good will and progress in negotiations.
“The good faith and understanding that existed on July 25 has not been followed through on,” U.S. Ambassador to the EU Gordon Sondland said in an interview in Brussels, referring to the day President Donald Trump met with European Commission President Jean-Claude Juncker to discuss trade.