Top EU official expects Trump tariff of about 20%, FT reports

The EU’s top trade negotiator expects Donald Trump to hit the bloc with tariffs of about 20% next week as the U.S. president takes aggressive steps to cut trade deficits, Financial Times’ Aime Williams, Andy Bounds and Richard Milne report. Maros Sefcovic, the EU trade commissioner, told officials that Washington’s final plan was still unclear but that tariffs would apply equally to all 27 member states after meeting senior administration figures on Tuesday. Two people said the Slovak suggested, based on his own assessment following his talks in Washington, that the tariffs would be “in the realm of 20%.” The U.S. gave no indication there would be any exemptions or exceptions.