https://www.taxtmi.com/news?id=41318 The president signalled a deliberate pause in finalising trade deals while retaining tariffs as leverage and revenue, keeping a baseline tariff in negotiations and using temporary suspensions to enable talks. EU discussions centre on a proposed zero-for-zero tariff swap and work on non-tariff barriers, with contention over value added tax treatment. Italy's leader acted as an informal interlocutor to clarify US objectives, seek reciprocal market openings, and explore facilitating wider EU engagement rather than securing immediate tariff removals. en-us Fri, 18 Apr 2025 00:01:03 +0530 Fri, 18 Apr 2025 00:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=41318 The president signalled a deliberate pause in finalising trade deals while retaining tariffs as leverage and revenue, keeping a baseline tariff in negotiations and using temporary suspensions to enable talks. EU discussions centre on a proposed zero-for-zero tariff swap and work on non-tariff barriers, with contention over value added tax treatment. Italy's leader acted as an informal interlocutor to clarify US objectives, seek reciprocal market openings, and explore facilitating wider EU engagement rather than securing immediate tariff removals. News - Fri, 18 Apr 2025 00:01:03 +0530 https://www.taxtmi.com/news?id=41318