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EU examines U.S. proposal of 10% tariffs

Euronews · New
Euronews
Euronews
New

A preliminary agreement is expected by Wednesday, according to sources, with implementation planned by 1 August. Negotiations are accelerating to secure exemptions from a baseline 10% tariff in some strategic sectors.

BreakdownGenerated by LeadStory AI
  • EU and US are negotiating a trade deal involving a 10% universal tariff.
  • The US has imposed higher sector-specific tariffs on cars, steel, and aluminium. 43s
  • EU seeks exemptions for strategic sectors such as aviation and pharmaceuticals. 1m 0s
  • France wants a tougher stance, while Italy and Germany push for a quick deal. 1m 18s
  • EU is preparing retaliatory measures if the US increases tariffs further. 1m 41s
International PoliticsEconomy