TechFlow, June 19 — According to Jinshi Data citing the Financial Times, the European Union is pushing for a UK-style trade deal with the United States that would retain certain tariffs beyond next month's deadline and further delay retaliatory measures against the U.S. Michael Claus, an advisor to German Chancellor Merz, said Thursday at an event in Berlin that he does not expect a comprehensive agreement between the EU and the U.S. before July 9, but rather "a statement, somewhat along the lines of the U.S.-UK (agreement) model." Referring to the European Commission, Claus added: "First, they want to see if there’s room for consensus on the so-called 10% reciprocal tariffs... then move on to other tariffs, namely sector-specific ones." Diplomats and officials familiar with the matter said early negotiations in Brussels regarding retaliatory tariffs—should Trump fail to lift all measures targeting EU countries—have weakened, as EU governments express concerns over potential economic consequences and risks of internal divisions over countermeasures. In this context, some countries led by France favor a tit-for-tat approach, while others including Italy and Hungary prefer to continue negotiations.
Navigating Web3 tides with focused insights
Contribute An Article
Media Requests
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号




