- Will brief EU ambassadors on Friday afternoon.
The deadline is August 1st. Will we get a deal by then?
In my opinion, eventually the US will get away with higher tariffs (probably 10%) and the EU will secure some concessions in key areas for them.
If that doesn’t happen before August 1, then I suspect we will get another extension of the deadline and the EU will keep on paying the 10% tariff that is in place since April 9.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
