U.S. President Donald Trump speaks during a cabinet meeting at the White House in Washington, D.C., U.S., July 8, 2025. REUTERS
July 9 (Reuters) – European Union negotiators are closing in on a trade deal with U.S. President Donald Trump that would cement higher tariffs than those granted to the UK, the Financial Times reported on Wednesday.
Brussels is ready to sign a temporary “framework” agreement that would set Trump’s “reciprocal” tariffs at 10% while talks continue, the newspaper reported.
(This story has been refiled to correct the day to Wednesday in paragraph 1)
Reporting by Nilutpal Timsina in Bengaluru; Editing by Kim Coghill
