The European Commission meanwhile confirmed that it was working towards a Wednesday deadline, which Trump had set previously, to reach an agreement in principle that would include a 10 percent baseline tariff.
“We’re working towards July 9, at the point where we want to have an agreement in principle at a minimum with the U.S.,” Olof Gill, the Commission’s trade spokesperson, said at the midday briefing.
Gill added that talks were at “the beginning of the endgame” at least for an agreement in principle. “We’re fully geared up to get an agreement in principle by Wednesday. And we’re firing on all cylinders to that effect,” he added.
