US EditionA bare-bones deal is Europe's best hope in trade talks with the U.S., sources say
- EU officials say their best hope is reaching a 'political' deal before the July 9 deadline to avoid full reciprocal tariffs.
- Fractious U.S.-EU relations since Trump's return led to tariffs, with the White House imposing a 20% levy in April via executive orders, prompting trade deal efforts.
- The U.S. sent a new trade proposal last week, with €851 billion in bilateral trade in 2023, risking recession if tariffs damage key sectors.
- EU negotiators prepare for potential tariffs as face-to-face talks continue this week, with an update expected Friday amid ongoing efforts to reach a deal before July 9.
- The July 9 deadline for a trade deal between the EU and U.S. is expected to slip, with only Congress able to approve a full agreement, highlighting ongoing hurdles.
12 Articles
12 Articles
EU and U.S. Near Deal To Avert Looming Tariff Hike
The European Union and the United States are reportedly nearing a “political understanding” to resolve their ongoing tariff dispute. “This would not be a detailed, comprehensive trade deal, but rather a political understanding laying the groundwork for more concrete arrangements,” according to diplomats. U.S. President Donald Trump imposed a blanket 10% tariff on most U.S. trading partners and unveiled higher individual rates on dozens of econom…
The European Bags are closing up, in the wake of Wall Street. Markets have regained strength with data on the U.S. labour market better than expected. Under the spotlight also the topic of commercial tariffs, with the EU ready to sign an agreement with the United States before the expiry of July 9. The dollar tries to recover after the slide of the past days. Positive Frankfurt (+0.61%), London (+0.55%) and Paris (+0.21%).
Time is ticking on trade talks between Washington and the European Union, with European officials now saying their best hope is to achieve a "political"...More...
A bald deal is Europe's best hope in commercial conversations with the US, sources say
The EU and the American flags are fluttering in addition to the military hub for Ukraine, in Jasionka, Southeast Poland on March 6, 2025. Sergei Gapon | AFP | Getty images The clock taps into commercial discussions between Washington and the European Union, where European officials now say that their best hope is a “political” […]
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Bias Distribution
- 63% of the sources lean Left
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