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EU Frets Over US Demands in Trade Talks It Sees as Unbalanced

Takeaways by Bloomberg AI

The US is demanding the European Union make what the bloc’s officials see as unbalanced, unilateral concessions as part of ongoing trade talks, setting up a tough decision over whether to move ahead with countermeasures if the terms of any deal don’t improve.

The best-case scenario remains an agreement on principles that would allow the negotiations to continue beyond an early July deadline, according to people familiar with the matter.