EU ready to accept 10% Trump tariff: Bloomberg names condition.
01.07.2025
1398
Journalist
Shostal Oleksandr
01.07.2025
1398
The European Union is ready to conclude a trade agreement with the United States
The European Union has expressed its readiness to conclude a trade agreement with the United States, which will include a universal tariff on most exports from the bloc at the level of 10%. However, the EU insists on reducing tariff rates for key sectors, Bloomberg reports citing sources.
According to sources, the European Union wants to lower tariffs for the pharmaceutical sector, alcohol, semiconductors, and commercial aviation. The EU also insists on establishing quotas and exceptions for effectively reducing customs duties on cars and auto parts by 25%, as well as on steel and aluminum by 50%.
Clearly, the European Union is actively negotiating with the United States to improve trade relations. The agreement reached could significantly impact trade volumes and the economic situation in both the EU and the US.
The notification of the European Union's readiness to conclude a trade agreement with the United States indicates a potential improvement in trade relations between both parties. This agreement could have important consequences for the economy and trade between the EU and the US.Read also
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