FILE PHOTO: A banner depicting an European Union flag is reflected in a window outside the EU Council headquarters in Brussels, Belgium March 18, 2025. REUTERS/Yves Herman//File Photo
FILE PHOTO: A banner depicting an European Union flag is reflected in a window outside the EU Council headquarters in Brussels, Belgium March 18, 2025. REUTERS/Yves Herman//File Photo
Home » News » Business & Economy » Trump pushes for 15-20% minimum tariff on all EU goods, FT reports
Business & Economy

Trump pushes for 15-20% minimum tariff on all EU goods, FT reports

(Reuters) -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%, even if a deal is reached.

Trump has also been unmoved by the latest EU offer to reduce car tariffs, and would keep duties on the sector at 25% as planned, the report said citing unnamed sources.

Video Thumbnail

Reuters could not immediately verify the report.

(Reporting by Angela Christy in Bengaluru; Editing by Mark Porter)

Image

Related posts

Leave a Comment