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2025-07-29 21:58:07
[US-EU Trade Agreement "Unfinished": Digital Services and Steel and Aluminum Tariffs Become Focus] ⑴ On July 29th, US Commerce Secretary Lutnick stated that although the US and EU have reached a framework for a trade agreement, many details remain to be negotiated, leaving "considerable room for discussion." ⑵ In an interview on Tuesday, Lutnick confirmed that negotiations with European Commission trade officials will continue. ⑶ He revealed that the two sides are already discussing issues such as digital services, taxation, and the EU's "attacks" on US tech companies, which will be key areas of discussion in the upcoming negotiations. ⑷ In addition, Lutnick added that some areas that the EU hopes to include in the agreement, such as steel and aluminum products, are not covered in the current agreement and will become the subject of subsequent negotiations. ⑸ This indicates that the current US-EU trade agreement is not the end point, and the two sides will continue to engage in in-depth consultations in many sensitive areas. ⑹ Reaching a comprehensive final agreement may require more time and complex negotiations.
