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EU to accept Trump's universal tariff but seeks key exemptions, Bloomberg News reports

  • The European Union is considering a trade alliance with Asia-Pacific countries to counter U.S. pressures, according to European Commission President Ursula von der Leyen.
  • U.S. President Donald Trump has threatened to impose a 50% tariff on all EU goods if no trade deal is reached by the deadline, increasing tensions between the EU and the U.S.
  • The EU may impose retaliatory tariffs on $21 billion worth of U.S. goods if no agreement is made by the deadline, as diplomats reported.
  • The EU's trade chief, Maro efovi, is set to meet with U.S. officials in Washington for last-minute negotiations just days before the deadline, amid concerns over retaliatory tariffs.
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Willing to accept 10 percent tariffs • Want to see exemptions in several sectors

·Stockholm, Sweden
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  • 54% of the sources are Center
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The Journal broke the news in Ireland on Sunday, June 29, 2025.
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