TechFlow, on May 23, according to Jinshi Data, U.S. Treasury Secretary Bessent stated that the 90-day pause proposed on April 2 was based on sincere negotiations. Trump believes the EU's proposal is of low quality and hopes this move will motivate the EU to take action. Trump views the EU's proposal as inferior to other alternatives. The threat of 50% tariffs is a response to the EU's slow pace of action.
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