"The European Union and the United States have just 48 hours to resolve a trade dispute or face Donald Trump unleashing billions of dollars worth of transatlantic tariffs."
"A 90-day pause on the imposition of the US president's so-called Liberation Day import taxes expires on Wednesday, leading to potential 50 percent tariffs on goods sold in the US."
"A split has emerged in the bloc, with some urging European trade commissioner Maros Sefcovic to pursue a UK-style deal to resolve the trade dispute."
"Some EU leaders believe Brussels should use its clout to secure a more comprehensive agreement than the thin UK-US deal agreed by Sir Keir Starmer."
The US and EU have 48 hours to resolve a looming trade dispute to prevent Donald Trump from imposing billions of dollars in tariffs. A 90-day pause on the Liberation Day import taxes is expiring, risking 50 percent tariffs on EU goods. European leaders are divided; some propose pursuing a UK-style trade deal, while others advise that the EU should demand a more comprehensive agreement. Trump's earlier tariffs included a 20 percent tax on all EU-made products but were temporarily paused until July.
Read at www.independent.co.uk
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