EU wants upfront relief for key sectors in any US trade deal

1/7/2025 19:28

The European Union wants immediate relief from tariffs in key sectors as part of any trade deal with the United States due by a July 9 deadline, but the bloc expects even a best-case deal to include a degree of asymmetry, EU diplomats told Reuters.



The European Commission, which coordinates EU trade policy, is pushing three key points in Washington this week even as it accepts the U.S. baseline tariff of 10% as unavoidable.



Both sides are working towards an agreement in principle, with the final details to be ironed out later. In a short negotiation document Washington sent last week, the Trump administration only presented what it expects from Brussels without any concessions of its own, EU diplomats briefed on the matter said.