{"id":1177011,"date":"2025-07-03T20:01:00","date_gmt":"2025-07-03T17:01:00","guid":{"rendered":"https:\/\/uatv.ua\/?p=1177011"},"modified":"2025-07-01T13:22:16","modified_gmt":"2025-07-01T10:22:16","slug":"eu-ready-for-trade-deal-with-us-involving-10-tariff-but-seeks-concessions-in-key-sectors","status":"publish","type":"post","link":"https:\/\/uatv.ua\/en\/eu-ready-for-trade-deal-with-us-involving-10-tariff-but-seeks-concessions-in-key-sectors\/","title":{"rendered":"EU ready for trade deal with US involving 10% tariff, but seeks concessions in key sectors"},"content":{"rendered":"\n

The European Union is prepared to accept a trade deal with the United States that includes a 10% universal tariff on many goods exported from the EU\u2014but it wants Washington to commit to lowering rates in key sectors.<\/p>\n\n\n\n

This was reported by Bloomberg<\/a><\/em>, citing informed sources.<\/p>\n\n\n\n

According to the sources, the \u201ckey sectors\u201d include pharmaceuticals, alcohol, semiconductors, and commercial aircraft.<\/p>\n\n\n\n

They noted that the EU is also insisting on quotas and exemptions in order to effectively reduce Washington\u2019s 25% tariff on cars and auto parts, as well as the 50% tariff on steel and aluminum.<\/p>\n\n\n\n

Sources claim that the European Commission, which handles the EU\u2019s trade matters, views the deal as somewhat favorable to the US, but still acceptable.<\/p>\n\n\n\n

As is known, the EU must conclude a trade agreement with US President Donald Trump by July 9<\/strong>, before tariffs on nearly all EU exports to the US rise to 50%<\/strong>.<\/p>\n\n\n\n

Both the EU and the US are increasingly confident that a temporary agreement can be reached by the July 9 deadline, allowing talks to continue beyond it. According to the sources, any deal would cover both tariff and non-tariff barriers, the procurement of key US goods, and outline areas for further cooperation.<\/p>\n\n\n\n

Sources also said that European Trade Commissioner Maro\u0161 \u0160ef\u010dovi\u010d will lead a delegation to Washington this week to try to advance negotiations.<\/p>\n\n\n\n

The agency also learned that the European Commission informed member states on Monday, June 30, that the EU had received a US proposal covering tariffs, non-tariff trade barriers, and strategic cooperation areas. However, the specific details of the American proposal\u2014such as the potential tariff levels\u2014were not disclosed to the member states.<\/p>\n\n\n\n

Ahead of next week\u2019s deadline, officials have identified four possible scenarios:<\/p>\n\n\n\n

    \n
  1. a deal with an acceptable level of asymmetry;<\/li>\n\n\n\n
  2. an unbalanced US offer the EU cannot accept;<\/li>\n\n\n\n
  3. an extension of the negotiation period;<\/li>\n\n\n\n
  4. Trump pulling out of talks and raising tariffs.<\/li>\n<\/ol>\n\n\n\n

    In the latter case, the EU will most likely respond with full retaliatory measures, the sources said.<\/p>\n\n\n\n

    Notably, German Chancellor Friedrich Merz stated that a quick and simple trade agreement with the US is better than a “slow and complicated” one.<\/p>\n\n\n\n

    Meanwhile, European Commission President Ursula von der Leyen said the EU is ready to reach a trade deal with the US\u2014but also prepared for the possibility that no such agreement will be made.<\/p>\n\n\n\n

    Read also:<\/strong> Germany supports Ukraine\u2019s NATO membership \u2013 Zelenskyy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

    The European Union is prepared to accept a trade deal with the …<\/p>\n","protected":false},"author":31,"featured_media":1177013,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,49,51,36418,36415,54,50],"tags":[78],"sources":[],"class_list":["post-1177011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-news-en","category-europe-en","category-11473-news-en-2","category-11473-news-en","category-usa-en","category-svit-en","tag-homepage-en"],"acf":[],"yoast_head":"\nEU ready for trade deal with US involving 10% tariff, but seeks concessions in key sectors - Freedom<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uatv.ua\/en\/eu-ready-for-trade-deal-with-us-involving-10-tariff-but-seeks-concessions-in-key-sectors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EU ready for trade deal with US involving 10% tariff, but seeks concessions in key sectors - 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