Why the New U.S.-EU Trade Talks May Be Doomed Before They Even Start

Neither side seems likely to give way on an intractable issue.


7 May, 2019FORTUNE.COM

BEAM - Why the New U.S.-EU Trade Talks May Be Doomed Before They Even Start | BEAM

By the middle of last year, the U.S. had hit the European Union with steel and aluminum tariffs, the EU had responded with counter-tariffs on American goods, and some feared the situation could escalate into a full-blown trade war.

But then U.S. President Donald Trump and European Commission President Jean-Claude Juncker had a meeting and emerged with an agreement--the two sides would try to strike a new free-trade deal to give their countries easier access to each other’s markets....

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