According to a report by Deep Tide TechFlow, on June 19, Jin Ten Data stated that five sources revealed that European officials are increasingly accepting a 10% reciprocal tariff as the benchmark for the US-EU trade agreement. US President Trump announced broad tariffs on trade partners, and US Secretary of Commerce Ross excluded the possibility of imposing tariffs lower than 10% on most EU exports. EU negotiators are still working to reduce the tax rate below 10%, but negotiations to lower tariffs have become difficult as the US profits from global tariffs. One source said that 10% is a tricky issue; the EU has not accepted 10% as the benchmark rate in negotiations but acknowledges that it is difficult to change.