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US President Donald Trump appears on the Victory Race summit in Air in the Actual Hall of Andrew W. Mellon in Washington, Columbia District, July 23, 2025.
Andrew Cabalera-Rinold | AFP | Gets the image
The trade agreement between the European and the United States may be inevitable, but without guarantees Brussels continues to prepare retaliation measures.
15% of the base rate, which includes about 4.8%, is currently a basic case scenario for EU imports in the US, EU diplomat said on Wednesday. However, there may be some releases that are still being developed.
According to the diplomat, the EU may in turn reduce its own fees in the US.
Negotiations between the United States and the EU were tough, coming to the pressure fastening on the eve of August 1, which would see imports from the EU as a result of 30% tariff. While this is lower than the 50% rate that Trump has previously threatened, it probably still will greatly affect businesses and economics in the US and the US
“Compared to the risk of much higher additional tariffs, such as 30% or even 50%, which Trump has been muted earlier, it would be a positive result,” Holger Schmiding, Chief Economist Berenberg commented in the note.
The deal is not done
But the transaction has not yet been done when the EU diplomat tells about CNBC “the final decision (there) in the hands of President Trump.”
The second EU official also appeared hesitantly, informing CNBC that the media reported that the EU and the US are closing the deal, “too optimistic.”
“The contacts between both sides are ongoing, but as long as President Trump does not talk about his mind, we have nothing specific. Everything remains outdoors,” they said.
The Trump administration seemed to apply a similar tone on Wednesday. When asked about the potential of 15% of the tariff rate, the White House Deputy Press Socialist Kush Desai said that discussion of any potential trade deals should be considered “speculation”, according to Reuters.
Trump is known at the last minute of heart change and makes quick decisions Last example Of which the US and Japan took place earlier this week. During the meeting between Trump and the Japanese delegation, discrepancies and edits on the map, which outlined a transaction on Trump’s table were noticed, according to a photo posted on X Dan scourgeDeputy Chief of Staff of the White House.
Despite European markets On Thursday, which was subjected to the prospect of the transaction, the uncertainty related to what an EU-SSH agreement might look like.
EU preparation for transactions scripts
At the same time, the EU is still working on a counterman, it can impose if the US tariffs will come into force next week.
First of all, they should include retaliation tariffs that can only enter into force a few days after the US duties. According to the new EU plan, previously prepared countermers focused on goods will be combined on the same list, which is 93 billion euros (109.4 billion).
Was also A wide conversation About the deployment of the EU its so -called “Duck Tool”, which was described as “nuclear version”.
When performing US vendors may face limited access to the EU market. For example, they would not be able to participate in public tenders in the block, can be restrained on export and import, and direct foreign investments can be limited.
While France is still the only country that called the “immediate creation of coercion” unless an agreement is reached, ” – a wide qualified majority for coercion seems,” the EU diplomat said.
