The European Union is willing to back down and accept an interim trade arrangement with the US featuring a 10 percent universal tariff on many of the bloc’s exports, provided the US commits to lower rates on items such as pharmaceuticals and alcohol, and to cutting levies on vehicles.
EU trade commissioner Ma...
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Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.