The agreement under negotiation to settle a customs dispute between the European Union and the United States is only a few pages long, senior EU lawmaker Bernd Lange has said. The possible framework agreement is "a relatively limited paper,

European Union negotiators are close to finalizing a trade agreement with U.S. President Donald Trump, potentially resulting in higher tariffs than those applied to the UK. The temporary framework suggests a 10% 'reciprocal' tariff while negotiations proceed.