https://www.taxtmi.com/news?id=45656 Negotiations focus on reciprocal elimination of industrial tariffs under a proposed zero-for-zero deal, with the EU offering greater purchases of specified US goods and services and the option of lowering auto duties while reserving the right to impose countermeasures if talks fail. Core obstacles are disagreements over national tax regimes like value added tax and divergent food-safety and product-regulation standards, which the US views as trade barriers but which the EU treats as domestic regulatory choices. en-us Wed, 04 Jun 2025 16:01:03 +0530 Wed, 04 Jun 2025 16:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45656 Negotiations focus on reciprocal elimination of industrial tariffs under a proposed zero-for-zero deal, with the EU offering greater purchases of specified US goods and services and the option of lowering auto duties while reserving the right to impose countermeasures if talks fail. Core obstacles are disagreements over national tax regimes like value added tax and divergent food-safety and product-regulation standards, which the US views as trade barriers but which the EU treats as domestic regulatory choices. News - Wed, 04 Jun 2025 16:01:03 +0530 https://www.taxtmi.com/news?id=45656