EU and US closing on 15% tariff deal to break impasse
The European Union and the US are progressing toward an agreement that would set a 15% tariff for most European products, according to diplomats briefed on the negotiations.
The European Union and the US are progressing toward an agreement that would set a 15% tariff for most products, according to diplomats briefed on the negotiations.
Member states could be ready to accept a 15% tariff and EU officials are pushing to have that cover sectors including cars, the diplomats said. Steel and aluminium imports above a certain quota would face the 50% duty, one of the diplomats added.
