U.S. President Donald Trump is demanding a minimum of 15%-20% tariffs on imports from the European Union, the Financial Times reported Friday, citing sources.
According to three people briefed on trade talks between the U.S. and the bloc, Trump has escalated his demands following weeks of negotiations over a possible framework deal, the paper said.
With less than two weeks to go until Trump's Aug. 1 deadline, talks between the two powers appear to have stalled.
The EU had been hoping for a deal similar to the U.K.'s, which maintained a 10% baseline tariff with some sector exemptions.
Trump has often bemoaned the EU's 198 billion euro ($231 billion) trade surplus in goods with the U.S.
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Trump pushes for up to 20% minimum tariffs on European Union: FT
- by: Katrina Bishop
- 2025-07-18
- Source:
NBC
- 07/21/2025
Sinclair Broadcast Group Town Hall Event by The White House is licensed under flickr Public Domain Mark 1.0
Sinclair Broadcast Group Town Hall Event by The White House is licensed under flickr Public Domain Mark 1.0
