Early in Trumps presidency he announced that his policy entails trade agreements with al countrie the US trades with,
A number of EU countries submitted comprehensive propsals for such deals and Bessent was very happy that such proposalds could be cnverted into agreements that benefot both countries concernedm The proposals ubmitted was of high quality, The individual EU members concerned pointed out that trade agreements between EU countries must be dealt with by the EU. aware of the proces involved Bessent asked he EU to sbmit their own proposals as to a potential trade agreement
So what did the EU submit as a basis for negotiations? what the USA govenment was best descried as bureaucratic garbage, Clearly the little chaps in suits in Brussels did not want a trade agreement with the USA, Sp what happened next was to be expected - 50% tariffs on all trade wth EU Countries effective 1 June 2924,
Realizin g that the EU made a total face of the process a panic call to Trump was inevitable, The promise were made that the EU in sonsultation with its member states will submit by the firsst week in July a comprhensive and not bureaucratic BS will be made available as a basis for negotiation qould e ubmitted to the USA by te first week in July and until then the tariiffs will be suspended,
Maybe the liltle men in suits in Brussels have leaned a bitter lessson - the are not as important as they thought they were, , .