US and EU Near Agreement on 15% Tariffs Amid Trade Tensions
TL;DR Summary
The US and EU are nearing an agreement to impose a 15% tariff on European imports, similar to a recent deal with Japan, with negotiations ongoing to avoid higher tariffs and potentially prepare retaliatory measures if an agreement isn't reached by August 1.
- US and EU close in on 15% tariff deal Financial Times
- EU Readies Tariff Plan for US if Trade Talks Fall Through Bloomberg
- How Europe's 'trade bazooka' could be a last resort against Trump's tariffs CNBC
- EU readies single €93B US trade retaliation package politico.eu
- SNAPSHOT Wall St moves higher after FT report US and EU close in on tariff deal Reuters
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