U.S. Commerce Secretary Lutnick said the Trump administration wants the European Union to "completely" open its market and adopt U.S. products and standards. Doing so would "move" President Donald Trump in the current trade talks, he added, signaling that Washington is looking for broad concessions from Brussels before offering its own. Lutnick also outlined forthcoming steps with China. He said the United States intends to lift existing H2O export controls as Beijing agrees to supply magnets made from rare-earth materials, describing the arrangement as "chips for rare earths." The administration further hopes to expand access to the Chinese market for non-sensitive American goods.