🇺🇸US Proposes 10% Tariff Cap to 🇪🇺EU
The U.S. has offered a deal to limit tariffs on industrial goods to 10%, aiming to avoid Trump’s threat of 25–50% duties if no agreement is reached by July 9.
🔹 Germany backs it to protect exports.
🔹 France & Spain oppose, fearing long-term losses.
🔹 EU wants exemptions for autos, wine, and aircraft.
⚠️ No deal means Big tariffs incoming.