$USDC EU looks for pointers in UK-US trade deal to reach agreement with Trump

Advisor to German Chancellor Friedrich Merz, Michael Clauss, revealed that the European Union is pushing for a UK-style trade deal with the U.S. The deal leaves some tariffs in place after next month’s deadline, further delaying retaliation against Washington.

He told a Financial Times event in Berlin on Thursday that instead of a full deal by July 9, he expects a declaration saying it follows along the model of the U.S.-UK agreement.

EU trade commissioner Maros Sefcovic is handling the sectoral levies with Howard Lutnick, U.S. Secretary of Commerce. At the same time, EU officials talk to the U.S. Trade Representative’s office (USTR) on other areas.

EU remains cautious on issuing countermeasures on U.S. tariffs

Diplomats and officials briefed on the matter argued that early talks in Brussels of