(Corrects day in paragraph 1 to Wednesday) (Reuters) – European Union negotiators are closing in on a trade deal with U.S. President Donald Trump that would cement higher tariffs than those granted to the UK, the Financial Times reported on Wednesday. Brussels is ready to sign a temporary “framework” agreement that would set Trump’s “reciprocal” […]
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Donald Trump deal to leave EU facing higher tariffs than UK, FT reports
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(Corrects day in paragraph 1 to Wednesday)
(Reuters) – European Union negotiators are closing in on a trade deal with U.S. President Donald Trump that would cement higher tariffs than those granted to the UK, the Financial Times reported on Wednesday.
Brussels is ready to sign a temporary “framework” agreement that would set Trump’s “reciprocal” tariffs at 10% while talks continue, the newspaper reported.
Reuters could not immediately confirm the report.
(Reporting by Nilutpal Timsina in Bengaluru; Editing by Kim Coghill)