The EU's current regulation eliminating customs duties for fresh and frozen lobsters from the U.S. expires on July 31. The lobster deal between the U.S. and EU was struck in 2020 during Trump's first term.
The EU faces 25% U.S. import tariffs on its steel, aluminium and cars. It also faces tariffs of 10% for almost all other goods, a levy that could rise to 20% after Trump's 90-day pause expires on July 8.
The Commission has repeatedly said it would prefer a negotiated solution rather than tit-for-tat tariffs.
Reuters could not immediately confirm the report. The European Commission declined to comment on the FT report.
Read More Details
Finally We wish PressBee provided you with enough information of ( EU open to extending lobster deal in package on Trump tariffs, FT reports )
Also on site :