The European Commission says it presumes the United States will impose a 15% tariff on most EU exports from Friday.

President Donald Trump's order imposing new tariffs on 68 countries and the European Union starting in seven days has injected a new dose of uncertainty in an already uncertain process.

US President Donald Trump has imposed sweeping new tariffs on 69 countries, citing trade imbalances and national security concerns. Set to take effect on 7 August, the tariffs range from 10% to 50%, with some nations granted last-minute reprieves following hurried negotiations.