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Trump Pushes for up to 20% Minimum Tariffs on European Union: FT

UNITED STATES, JUL 17 – President Trump demands 15-20% minimum tariffs on EU imports to address trade imbalances, risking $50 billion in US customs revenue and escalating tensions before the August deadline.

  • U.S. President Donald Trump is demanding tariffs between 15-20% on imports from the European Union, according to the Financial Times report.
  • Trump's demands have intensified following weeks of negotiations over a possible framework deal, as reported by the Financial Times.
  • As the August 1 deadline approaches, talks between the U.S. and the EU appear to have stalled.
  • EU officials argue that trade is more balanced when services and investments are considered, despite Trump's concerns about a 198 billion euro trade surplus.
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TFD broke the news in on Friday, July 18, 2025.
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