(Reuters) -Brussels negotiators hope that offering to accept U.S. tariffs of 10% across all of the European Union’s exports into the United States will avert any higher duties on cars, drugs and electronics, newspaper Handelsblatt reported on Monday.
Citing high-ranking EU negotiators, the paper said the offer to U.S. counterparts would come only under certain conditions and would not be billed as permanent.
Handelsblatt also said the EU was, in return, ready to cut its tariffs on US-made vehicles, and to possibly change technical or legal hurdles to make it easier for US manufacturers to sell their cars in Europe.