EU struggles to finalise US trade deal under threat of higher auto tariffs

EU lawmakers and governments are trying to finalize a deal to scrap duties on U.S. imports, but renewed pressure from President Trump and internal divisions over safeguards are delaying agreement. The news points to tariff relief being possible, but the lack of a swift consensus keeps trade policy uncertainty elevated. Market impact is likely most relevant for import-sensitive sectors and transatlantic trade exposure rather than the broader market.

Analysis

EU lawmakers and governments are trying to finalize a deal to scrap duties on U.S. imports, but renewed pressure from President Trump and internal divisions over safeguards are delaying agreement. The news points to tariff relief being possible, but the lack of a swift consensus keeps trade policy uncertainty elevated. Market impact is likely most relevant for import-sensitive sectors and transatlantic trade exposure rather than the broader market.