EU and US closing on 15% tariff deal to break impasse

EU officials are pushing to have tariff deal covering sectors including cars

The European Union and the US are progressing toward an agreement that would set a 15% tariff for most European products, according to diplomats briefed on the negotiations.

The European Union and the US are progressing toward an agreement that would set a 15% tariff for most products, according to diplomats briefed on the negotiations.

Member states could be ready to accept a 15% tariff and EU officials are pushing to have that cover sectors including cars, the diplomats said. Steel and aluminium imports above a certain quota would face the 50% duty, one of the diplomats added.