The European Union is trying to unify behind a trade deal with the United States as President Donald Trump’s July 9 tariff pause expiration looms.
The U.S. is set to levy a 50% tariff on most EU exports, but the EU is hoping to bring that tax down to 10%, with the European Commission saying late this week that they’re considering a provisional trade deal with the U.S. to bring it down to 10%.
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