EU Pushes for 15% Baseline Tariffs in High-Stakes U.S. Trade Talks
Stock Market Today: EU Seeks 15% Baseline Tariffs in U.S. Trade Deal Global Markets React as Brussels Pushes for Trade Reset with Washington Published: July 23, 2025 | By Rameen Baig | Global Finance News 📈 Tensions Rise as EU Proposes New Trade Terms In a bold move that has rattled markets across the globe, the European Union (EU) has formally proposed a 15% baseline tariff in its upcoming trade negotiations with the United States. The proposal is seen as a significant shift from the more lenient tariff regimes of previous agreements, sparking debate, uncertainty, and market reaction. The move comes as both sides look to renegotiate aging trade terms amid growing concerns over supply chains, geopolitical tensions, and economic nationalism. “The EU is not looking for a trade war but rather a fairer and modernized agreement,” said EU Trade Commissioner Helena Grossi in a press briefing from Brussels. 💼 How the Markets Responded Stocks opened mixed on Wednesday fo...