The European Union may be nearing a trade agreement with the United States but is struggling to obtain immediate tariff relief and a commitment not to introduce new measures, the head of the European Parliament's trade committee said on Wednesday.

Trump on April 2 proposed a 20% tariff for EU goods and then threatened to raise that to 50% after negotiations did not move as fast as he would have liked, only to return to the 10% baseline. The EU has 27 member states, including France, Germany, Italy and Spain.

All but one of the 27 EU member countries voted to impose tariffs on specific U.S. products. The vote came before President Trump announced a 90-day pause on U.S. tariffs on goods from most countries.

The European Union will not receive a letter from the United States setting out higher tariffs, EU sources familiar with the matter told Reuters on Monday, and is eyeing possible exemptions from the U.

Trump’s proposed 50% tariffs on European Union goods would hit roughly $606 billion in imported products. That’s the value of goods exported to the United States from the European Union in ...

Dozens of America’s trading partners are bracing themselves for August 1, the new deadline for punishing tariffs on goods they export to the United States.

By Elizabeth Howcroft PARIS (Reuters) -European stocks opened slightly higher on Wednesday, showing little reaction to U.S. President Donald Trump's announcement that he would impose a 50% tariff on imported copper and soon introduce levies of up to 200% for pharmaceuticals.

Trump delays tariff deadline to Aug. 1, warning dozens of nations to finalize trade deals or face steep new duties. Follow Newsweek's live blog.