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Washington pushes for trade deal 'best offers'

Washington pushes for trade deal 'best offers'

Squawk Box Europe Express · CNBC International

June 3, 202527m 7s

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Show Notes

Washington is reportedly demanding countries put forward their best trade talk offers by tomorrow as the reciprocal tariffs deadline of 8 July draws nearer. The EU has responded saying it will push for tariff cuts with the U.S. in meetings scheduled this week. The bloc has repeated its threats of counter-measures should an agreement fail to be reached. We hear from German Steel Association head Gunnar Groebler who says American companies are also being affected by the levies. And in the UK, Prime Minister Keir Starmer has promised the largest sustained increase in defence spending since the end of the Cold War.  

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Topics

Gunnar Groeblerstock market newsmarket newsKaren TsoEurope business newssquawk box podcastArabile Gumedeeurope cnbcCNBC LondonEuropean business newseurope squawk boxGeoff CutmoreCNBC podcastCNBC EuropeSteve SedgwickCNBC podcastsSquawk Box EuropeCNBC InternationalEurope newsstocksCNBCinvestingmarketsPOLITICSEconomicsmoneyFinancial MarketsSquawk BoxBusiness NewsKEIR STARMERU.S. TRADE TARIFFSEU-U.S. TRADE TARIFFSGerman Steel AssociationUK DEFENCE SPENDING