Lutnik: There is still a lot of "bargaining" to be done with the EU, including digital service taxes and steel and aluminum
July 30, 2025
U.S. Commerce Secretary Howard Lutnik said in an interview that he had a conversation with EU officials this morning on the US-EU trade agreement. He said that the digital services tax and "attacks on our technology companies" would be topics of discussion in future negotiations. He added that steel and aluminium, which were not included in the agreement, would also be part of the negotiations. "There will still be a lot of bargaining," he added. He said that the pharmaceutical and automotive industries are key to reaching trade agreements with the European Union. If drugs are not produced in the United States, the US will impose "huge" tariffs. It is said that Trump will announce his drug policy in the next two weeks.
