The US warned that, according to Reuters report, it could impose 17% of the EU -export and farms, and the EU diplomat revealed on Friday.
This new threat comes as a negotiation that intensifies before July 9 of President Trump to impose 50% of tariffs on all EU goods.
EU products are currently facing 10%of basic tariffs, with higher cars for cars (25%) and steel/aluminum (50%).
Finance Minister Scott Bessnt confirmed that the weekend negotiations will continue while Trump plans to send final tariff letters to business partners until 1 August.
The EU is considering 10% of the tariff compromise with exceptions
EU negotiators can adopt 10% of the basic tariff for most goods in exchange for sectoral exceptions.
Bloc is looking for immediate relief for drugs, aircraft, semiconductors and alcohol exports – critical industries where supplier chains cover the Atlantic. Germany and Italy support this approach, but France requires to correspond to 10% of tariffs on American goods if it is made.
The potential agreement resembles an earlier agreement of the United Kingdom with Washington and avoids detailed negotiations.
The internal division of the EU complicates negotiations
Significant division among EU members weakens the bargaining position of the block. The German Chancellor Friedrich Merz favors car exports and calls for a “fast solution over perfect”.
French President Emmanuel Macron insists on full reciprocity, while the Italian Giorgia Meloni seems to be willing to admit more to maintain US relations.
Smaller nations resist the cost of retaliatory measures for the excess of Germany’s trade. These distribution threatens to reduce the planned EU retaliation package to 72 billion euros to 72 billion euros.
The global tariff landscape is formed
Other nations face different results: Vietnam has secured a 20% tariff agreement (46%) with strict transmission rules. China has gained released restrictions for the export of Chip and Etanus software.
Japan confronts the potential 30-35% of tariffs after acidic interviews, while Canada continued after negotiations after the abolition of its digital tax. The EU has prepared EUR 21 billion in immediate contradictions focused on American goods, with wider measures awaiting.
(Tagstotranslate) business interviews EU
