U.S., EU: Trade Negotiations Are Headed for High Hurdles

The battle lines have been drawn now that the United States and the European Union have outlined their priorities for future trade talks. The United States and the European Union do not agree on what the scope of their trade talks should be, and the two sides have significantly different goals regarding the agricultural and auto sectors. If they cannot come to a compromise and agree on common goals for the talks, then Washington may follow through on its threats to place additional tariffs on EU vehicles and auto parts....