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

ChainCatcher news, according to a report by the Financial Times, EU negotiators are about to reach a trade agreement with U.S. President Trump that will confirm the tariffs faced by the EU are higher than those enjoyed by the UK.

It is reported that Brussels is preparing to sign a temporary "framework" agreement, which stipulates that during the ongoing negotiations, the U.S. president's "reciprocal" tariff will be 10%, equivalent to the baseline tariff imposed on the UK.

However, six diplomats familiar with the situation have indicated that the EU is not expected to gain the same level of access to the U.S. market as the UK does for steel, automobiles, and other products affected by industry tariffs. Additionally, Trump has demanded a 17% tariff on EU agricultural products.

One diplomat stated, "The UK's agreement is better than this. Given how long we have been negotiating, this is surprising."