Certain automakers of the EU and The political leadership of the countries are pushing For an agreement with President Donald Trumpwhich will allow duties in return Increasing investment in the USas Bloomberg reports according to people who know the issue.

Member States were informed of the situation of trade negotiations on Friday after a round of talks in Washington this week and were transferred to them that a technical agreement was in principle close, sources said, which spoke on condition of anonymity.

The EU has a deadline until July 9 to complete a trade agreement with Trump before duties in almost all its exports to the US are raised to 50%. Trump has imposed duties on almost all US trade partners, saying he wants to restore domestic processing, that he has to pay for an extension of tax cuts and prevent other countries from exploiting the US.

US and EU officials will continue their negotiations during the weekend, the same sources said. European Commission spokeswoman all over Gil said that ‘Progress has been made towards an agreement on the principle During the last round of negotiations held this week “and” the committee will now return to the US on the basis of the weekend “.

Any agreement ultimately depends on Trump and the expected scenarios for next week include a agreement in principle that maintains the current truce without the introduction of new duties; the continuation of the talks without agreement and the entry into force of special duties by suspended customs duties; or the US considers the EU.

THE German Chancellor Friedrich Mertz supported last month the idea of ​​a so -called Rule of compensatory measures which would provide tariff relief to European automakers that produce cars in the US.

The Commission, which handles commercial issues for the EU, has not approved cars compensation mechanism, according to the same sources. EU officials are worried that such a move will allow production and investment away from Europe.

The EU has stated that it is willing to accept an agreement that includes 10% universal duties on its exports, but asks the US to reduce the rates that have announced on medicinal products, alcoholic beverages, semiconductors and commercial aircraft, Bloomberg said earlier.

The EU is also pushing the US for quotas and exceptions to effectively reduce Washington’s duty on cars and car spare parts, as well as the 50% duty on steel and aluminum.

Any initial agreement will probably be short -term and non -legally binding, the same sources said. The two sides also seek an agreement on non -tariff barriers, digital trade and economic security.

Some capitals have stated that they want a quick deal and do not want escalation, while others want to negotiate from a position of power by responding to Trump’s contributions with countermeasures.

The EU is seeking an initial framework agreement with the US that allows a two -stage approach, which will first cover non -tariff issues and then the details of Trump’s universal duties, which will be negotiated after the July 9th deadline, the same sources said.

Talks on Trump’s sectoral duties in cars, as well as steel and aluminum are particularly difficult and are not expected to be resolved until next week, the same sources said.