The latest historical of Trump’s tariffs is lying for Europe. This is where the work is stopped

All eyes are negotiating between the United States and the European Union, which did not have a long trade agreement to go before the full impact of Washington tariffs.

Trade partners can not sign up until July 9 – 90-day US President Donald Trump’s so-called mutual tariffs – goods imported to the United States can be hit Up to 50% tasks. Revenge measures to target EU A wide range of US goodsIt will be temporarily stored, and then quickly will follow.

USA EU trade relations are one of the most important in the world, which is about 30% of global goods Council of Europe. Medicines and pharma products, road vehicles and oil products are the best-selling goods.

In 2024, the trade between the two transtrantic partners was taken into account both goods and services ($ 1.98 trillion) worth about 1.68 trillion euros ($ 1.98 trillion).

The EU has a surplus of 198 billion euros, but when it comes to goods, but in the trading of 148 billion euros – the general general surplus of the block was about 50 billion euros in 2024.

There’s Trump many times The issue of trade between Washington and Brussels was taken, it was unfair and prosecutor EU benefits from the United States

The US-EU talks appeared to be difficult and slow. Sources The CNBC told CNBC that a bare-bone political deal with the light on the details can be the best hope of the EU.

President of the European Commission Ursula Von Der Leyen reflects the landscape on Thursday.

“What we have provided is a consent in principle,” he said, adding that a detailed agreement was “impossible” to reach 90-day glory.

If Von Der Leyen has not given a consent, “All tools are on the table.”

The European Trading Commissioner Maros Sefcovic is called Social media post On Friday, Washington said he had a “productive” meeting with various US officials.

“Work is on. Our goal is remained unchanged: a good and ambitious transatlantic trade contract,” he said.

US Treasury Secretary Scott Bessent was even hesitant to the probability of clogging a trade agreement before the deadline.

“On Thursday, we will see what we can do with Squawk on the street” Street on the street “Street” Street “Street,” he said.

“Advanced agreement is what he says: Detailed. Many of the pages are thousands of departments, but the US presidents are the presidents of the United States,” he said.

“So this is possible, but I do not think true content will be similar,” Gardner said.

Carsten Nickel, a managing director in TENEO, said that a large agreement was “best result” that the EU could get.

The initial transaction said that the EU was earning time and receiving the EU 10% initial tariff, and informed CNBC by telephone, and then could allow the negotiations to the talks such as freedom of the sector.

Even if the uncertainty has such a regulation broker, Nickel offered.

“We will be in a world where there is any agreement, then there will be a tense transaction, and changing the opinion of the United States and lose patience, other destinations, etc.” Nickel said, “he said.

Trump does not take the block-breaking measures if the Trump does not pipe full tariffs next week.

“And even then I think the EU will be carefully,” Nickel said.