LeadStory

Did the U.S. and EU reach a trade deal

Asked 12 hours ago

Answer

The U.S. and EU have not reached a final trade deal. The EU is preparing counter-tariffs in response to planned U.S. tariffs, but both sides are still seeking a negotiated solution.

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Reuters

EU to submit countermeasures on U.S. goods to avert looming tariffs

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Reuters
Reuters
New
  • The European Commission plans counter-tariffs on $109 billion of U.S. goods.
  • The proposal will be submitted to EU members for approval. 8s
  • Talks are scheduled between the EU trade chief and the U.S. Commerce Secretary. 13s
  • The EU aims for a negotiated solution to avoid 30 percent U.S. tariffs. 17s
  • European shares rose after the update, while diplomats review the U.S.-Japan deal. 45s
International PoliticsEconomy

References

EU to submit countermeasures on U.S. goods to avert looming tariffs
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Reuters
12 hours ago
EU to submit countermeasures on U.S. goods to avert looming tariffs

The European Commission says its primary focus is to achieve a negotiated outcome with Washington as it tries to avert 30 percent tariffs the U.S. plans to impose on the EU.

EU to submit countermeasures on U.S. goods to avert looming tariffs
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Reuters
12 hours ago
EU to submit countermeasures on U.S. goods to avert looming tariffs

Commission officials are briefing EU ambassadors on the state of play, but EU diplomats are still analyzing details and have not confirmed a deal.

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