“One thing has become clear as we’ve gotten more detail about the E.U.-U.S. trade pact this morning: There are still huge outstanding questions,” the New York Times reports.
“European Commission officials have made it clear that what was signed yesterday is a legally non-binding outline, and that while negotiations are happening behind the scenes, they are working toward a statement that will lay out the details of the blueprint.
This is more of set of agreed-upon principles than a set-in-stone deal.”Bloomberg: “European capitals are putting a brave face on the trade deal they struck with President Donald Trump, which will see the European Union accept a 15% tariff on most of its exports to the US while reducing levies on some American products to zero.”
CNBC: Europe balks at “unbalanced” U.S. trade deal.