SITUATION REPORT

EU, U.S.: Brussels Opens to 10% U.S. Tariff in Deal Ahead of July 9 Deadline, Seeks U.S. Concessions

Jul 1, 2025 | 15:58 GMT

The European Commission said it received a U.S. proposal outlining potential cooperation on tariff reductions, trade barriers and strategic sectors, though specific terms and tariff rates were not disclosed, Bloomberg reported on June 30. ...

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