European Commission pushes back on reports saying they will accept 10% US tariff

  • Says the reports do not reflect current state of discussions
European Commission
  • European Commission says reports suggest the EU accepts a US tariff of 10% are speculative and do not reflect current state of discussions
  • The EU has from the start objected to unjustified and illegal US tariffs

The euro is up 36 pips to 1.1586 today but down modestly in the last hour.

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