British media: The EU is about to reach an agreement with Trump, but may face higher tariffs than the UK.

CoinVoice has learned from the UK Financial Times, as reported by Jinshi, that EU negotiators are about to reach a trade agreement with President Trump that will confirm the higher tariffs faced by the EU compared to the treatment enjoyed by the UK.

It is reported that Brussels is preparing to sign a temporary 'framework' agreement, which stipulates that during the continuation of negotiations, the 'reciprocal' tariff imposed by the U.S. President would be 10%, equivalent to the baseline tariff imposed on the UK.

However, six diplomats familiar with the situation stated that the EU is expected to be unable to obtain the same level of access to the U.S. market as products affected by tariffs in the UK, such as steel and automobiles. Additionally, Trump has demanded a 17% tariff on EU agricultural products.

A diplomat stated: 'The agreement for the UK is better than this. Given how long we have been negotiating, it is surprising.' [Original link]