European Union plans to add 50 billion euros of US goods in a bid to resolve trade issues

Brussels wants to increase purchases of US goods by 50 billion euros to address "problems" in trade relations, the European Union's chief negotiator said, according to the Financial Times, adding that the European Union was making "some progress" in reaching a deal. However, European Union Trade Commissioner Sefcovic said the European Union would not accept continued US tariffs of 10% on its goods as a fair solution to trade negotiations. Sefcovic said the US and European Union had made progress through multiple rounds of face-to-face and telephone talks since the Trump administration imposed the tariffs. He added that "his goal" remained to reach a "balanced and fair" deal with the White House. He said the issue could be resolved quickly as the two sides reached an agreement to buy more US gas and agricultural products, but warned that it would be "very difficult" to reach a deal that was "clearly good and acceptable for our member states and the European parliament".