EU to pitch 10% flat tariffs on exports to US to placate Trump
Share this @internewscast.com

The European Union is said to be ready to agree to a uniform 10% tariff on all exports heading to the United States. This move aims to avoid higher tariffs on important industries such as automobiles, pharmaceuticals, and electronics.

According to the German business newspaper Handelsblatt, this proposal is viewed as a tactical concession. It would be presented to officials of the Trump administration under certain stipulations and is not intended to be a lasting measure.

“The offer to American officials would be made only under specific circumstances and is not meant to be permanent,” reported Handelsblatt, quoting high-ranking EU negotiators.

The development comes as President Trump and other world leaders meet in Canada this week for the annual G-7 summit. The gathering is expected to be dominated by escalating Israel-Iran war, as well as ongoing trade disputes.

Trump has already levied a 10% universal tariff on imports from the EU, as well as 25% on steel and automobiles. He has threatened to impose tariffs of up to 50% on all imports on the 27-member bloc.

Last week, Trump warned that the US could soon act unilaterally if progress in trade talks stalls.

“At a certain point, we’re just going to send letters out. And I think you understand that, saying this is the deal, you can take it or leave it,” the president said.

European officials appear increasingly concerned about the threat of escalating tariffs on high-value goods and are attempting to preempt further economic strain amid ongoing trade tensions.

Accepting a uniform 10% tariff may serve as a way to stabilize transatlantic trade while sparing individual sectors — especially the auto industry — targeted punitive measures.

While details of the proposed conditions were not disclosed, the move signals a shift in Brussels’ approach to trade talks, particularly as the Trump administration has favored aggressive tariff strategies to pressure allies and rivals alike.

European automakers and pharmaceutical companies have been especially vulnerable to such tactics.

The Post has sought comment from the White House and the European Commission.

The potential tariff deal would represent a significant compromise on the EU’s part, which has traditionally pushed for multilateral rules-based trade and lower tariffs.

However, with global trade tensions on the rise and election-year politics complicating negotiations, EU officials appear willing to consider short-term measures to avoid more damaging outcomes.

Reuters noted that no official announcement has been made, and the European Commission has not confirmed the Handelsblatt report. The proposed deal, if pursued, would likely require further negotiation and political approval within both the EU and the United States.

The EU’s willingness to accept a broad-based 10% tariff signals that Brussels may be aiming to trade flexibility for predictability — hoping to insulate key industries from future tariff spikes while keeping the broader relationship with Washington on stable ground.

Although the White House had recently paused some of its harshest tariffs, the administration has sent mixed signals about whether the reprieve, which expires on July 9, will continue.

Treasury Secretary Scott Bessent told Congress that it is “highly likely” the pause would be extended for countries negotiating “in good faith.”

Trump’s trade fight with Europe has been escalating for months. On Feb. 2, he announced plans to impose new tariffs on the EU, prompting urgent meetings among European trade ministers.

The EU responded with proposals to lower its car import tariffs and increase purchases of US liquefied natural gas and military equipment. By early April, Trump had imposed a 25% tariff on all car imports and a 20% tariff on all EU goods, which was later reduced to 10% following negotiations.

In response, the EU suspended its planned retaliatory measures.

European Commission President Ursula von der Leyen warned that if no agreement is reached by the end of the 90-day window, the EU would unleash what she called “trade bazooka measures” targeting US services and redirected Chinese exports.

Tensions flared again in late May when Trump proposed a “straight 50% tariff on the European Union,” only to delay it two days later after a call with von der Leyen.

Share this @internewscast.com
You May Also Like
It Would Be Nice If the Democrat Elites Would Stop Undermining the Republic

Democratic Leadership Must Cease Actions That Undermine the Republic’s Stability

“Well Doctor, what have we got, a republic or a monarchy?” is…
Powerball jackpot: What numbers get drawn the most?

Find Out if Someone Claimed Monday’s Massive $654 Million Powerball Jackpot

Since the massive win on September 6, the Powerball jackpot has remained…
Anna Kepner dies mysteriously during family vacation on Carnival cruise ship: Timeline of events

Tragic Death of Teen on Carnival Cruise Ship Confirmed as Homicide by Mechanical Asphyxiation

The tragic and enigmatic death of 18-year-old Anna Kepner, who passed away…
Anna Kepner dies mysteriously during family vacation on Carnival cruise ship: Timeline of events

Family Seeks Answers in Tragic Cruise Ship Incident Involving Cheerleader

The tragic and mysterious death of Florida cheerleader Anna Kepner aboard a…
Rev. Jesse Jackson health: Civil rights activist, Martin Luther King Jr.'s protégé discharged from Chicago's Northwestern Hospital

Rev. Jesse Jackson, Renowned Civil Rights Leader and Protégé of Martin Luther King Jr., Released from Northwestern Hospital in Chicago

CHICAGO — Civil rights leader Rev. Jesse Jackson Sr. has been discharged…
Chicago Loop stabbing: 6 in custody after homeless man stabbed to death outside Wabash Street restaurant, officials say

Police Detain Six After Fatal Stabbing of Homeless Man Near Chicago’s Wabash Street Restaurant

In a tragic incident early Sunday morning, a man experiencing homelessness was…
Cops swarm Epstein records vault after ‘cover-up’ claims, online protest chatter light up the web: report

Police Investigate Epstein Records Vault Amid Cover-Up Allegations and Online Protests

Legal panel discusses next steps in Epstein case Shannon Bream led a…
Ferry collision reported on landing dock at Sapelo Island

Breaking News: Ferry Collision Shakes Sapelo Island Dock – What You Need to Know

The Georgia Department of Natural Resources has confirmed that there were 41…
Airlines pull Venezuela flights amid safety warning, as Trump ratchets up pressure on Maduro

Airlines Suspend Venezuela Flights Following Safety Concerns as U.S. Heightens Pressure on Maduro Administration

In response to a U.S. aviation safety alert, several prominent airlines have…
Noah Clowney's ill-advised mistake comes as he's emerging as Nets fixture

Noah Clowney Makes a Misstep Amidst Rise as Key Nets Player

Noah Clowney has emerged as a standout player this season, offering a…
DEI Fails Again As Major Gaming Studios See Mass Layoffs, but Indie Studios Are Thriving

Major Gaming Studios Experience Layoffs Amidst DEI Challenges, While Indie Studios Prosper

Diversity, Equity, and Inclusion (DEI) initiatives often seem to lead to a…
Bombshell report alleges Biden team forced airports to house migrants, risking safety

Stunning Report Unveils Alleged Biden Administration’s Use of Airports for Migrant Housing Amid Safety Concerns

The Biden administration has come under scrutiny following claims that it exerted…