The EU-US tariff game enters a critical stage. The EU may be forced to accept a 10% baseline, but negotiations still face uncertainties.

date
20/06/2025
Zhitong Finance APP learned that, according to informed sources, the European decision-making level is gradually accepting the reality of using a 10% reciprocal tariff as the benchmark for US-EU trade negotiations. This is in contrast to the EU's previous public insistence on single-digit tariffs. The global tariff policy promoted by the Trump administration is reshaping the transatlantic trade landscape, and the game between the two sides regarding tariff levels has entered the final sprint stage.