The EU is pushing for a UK-style trade deal with the US that would leave some tariffs in place after next month’s deadline, further delaying retaliation against Washington.
Michael Clauss, adviser to German Chancellor Friedrich Merz, told an FT Live event in Berlin on Thursday that instead of a full deal by July 9, he expected “a declaration saying: ‘OK, this is a little bit along the model of the US-UK [agreement]’.”
“First, they want to see if there is a landing zone on the so-called reciprocal tariffs of 10 per cent . . . in order then to move on to the other tariffs, the sectoral tariffs,” Clauss said of the European Commission, which is leading the talks with Washington.
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