US EditionEU Seeks US Trade Deal in Principle to Provide Certainty
EUROPEAN UNION AND UNITED STATES, JUL 8 – EU member states accept a deal maintaining 10% US import tariffs amid ongoing talks, seeking stability after months of uncertainty impacting European exporters, officials said.
- The European Union and United States are nearing an agreement in principle to prevent US tariffs on EU imports rising above 10 percent by August 1, 2025.
- This follows a three-month negotiating period set by US President Trump in early April, originally expiring on July 9, but the US delayed tariff increases to August 1.
- The proposed deal would keep existing 10 percent tariffs on EU goods, while new tariffs on sectors like pharmaceuticals and semiconductors remain under US review amid concerns of further increases.
- Trump announced plans for up to 50 percent tariffs on copper and possibly 200 percent on medicines, while EU officials emphasize the need for rapid resolution and stability for affected industries.
- If finalized and approved by Trump, the agreement would reduce uncertainty for businesses, but EU officials acknowledge it may not guarantee long-term protection against future tariff increases.
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Denver GazetteReposted by 
Investing.com
Investing.comEU seeks trade deal with Trump this month, new tariff notices due
By Andrea Shalal and Julia Payne
·Denver, United States
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EU ready to settle for poor trade deal with Trump
Several EU member states are prepared to accept a trade deal with the United States that leaves import tariffs at elevated levels, despite the agreement falling short of the bloc’s original objectives and offering no long-term certainty. The offer from the Trump administration would keep in place general import tariffs of 10 percent on EU goods. Before the current dispute, the average US tariff on European imports was around 1.4 percent. Some se…
·Finland
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Total News Sources11
Leaning Left5Leaning Right0Center3Last UpdatedBias Distribution63% Left
Bias Distribution
- 63% of the sources lean Left
63% Left
L 63%
C 38%
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