July 18, 2025

U.S. President Donald Trump is demanding a minimum of 15%-20% tariffs on imports from the European Union, the Financial Times reported Friday, citing sources.

According to three people briefed on trade talks between the U.S. and the bloc, Trump has escalated his demands following weeks of negotiations over a possible framework deal, the paper said.

With less than two weeks to go until Trump’s Aug. 1 deadline, talks between the two powers appear to have stalled.

Read more:

https://www.cnbc.com/2025/07/18/trump-trade-eu-tariffs-ft.html