US President Donald Trump’s strong-arm tactics against American trading partners appeared to bear some fruit on Monday following reports that the European Union was willing to pay 10 per cent higher levies on many of its exports, after another climbdown by Canada on Sunday.
In considering the 10 per cent increase, however, the 27-member EU bloc reportedly wanted a US commitment to reduce tariffs in return affecting pharmaceuticals, alcohol, semiconductors and commercial aircraft, Bloomberg…
