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Trump tariffs live updates: Trump pushes for higher EU tariffs as Aug. 1 barrage looms
President Trump is reportedly pushing for higher blanket tariffs on imports from the European Union, throwing a wrench in negotiations ahead of an Aug. 1 deadline for sweeping duties to take effect. The Financial Times reported that Trump wants a minimum of a 15% to 20% tariff on EU goods as part of any deal.
Donald Trump pushes for 15%-20% minimum tariff on all EU goods
The US president’s hardened stance aims to test the EU’s pain threshold after weeks of talks on a framework agreement that would have maintained a baseline tariff of 10 per cent on most goods. Trump has also been unmoved by the latest EU offer to reduce car tariffs,
Trump Pushes for 15-20% Minimum Tariff on All EU Goods, FT Reports
U.S. President Donald Trump is pushing for a minimum tariff of 15% to 20% in any deal with the European Union, the Financial Times reported on Friday, adding that the administration is now looking at a reciprocal tariff rate that exceeds 10%,
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