Trump has escalated his demands on the EU following weeks of negotiations over a possible framework deal, the FT reported.

U.S. President Donald Trump is pushing for a minimum tariff of 15% to 20% in any deal with the European Union, the Financial Times reported on Friday, adding that the administration is now looking at a reciprocal tariff rate that exceeds 10%,

President Donald Trump has announced he’s levying tariffs of 30% against the European Union and Mexico starting Aug. 1.