{"id":38334,"date":"2025-07-26T08:41:14","date_gmt":"2025-07-26T08:41:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/38334\/"},"modified":"2025-07-26T08:41:14","modified_gmt":"2025-07-26T08:41:14","slug":"eu-seeks-15-baseline-tariffs-in-u-s-trade-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/38334\/","title":{"rendered":"EU Seeks 15% Baseline Tariffs In U.S. Trade Deal"},"content":{"rendered":"

The European Union is negotiating an outline trade agreement with the Trump administration in which it would accept 15% tariffs on most exports<\/a> to the U.S., following a similar agreement between the U.S. and Japan on Tuesday.<\/p>\n

Under that agreement, the U.S. will levy 15% tariffs on Japanese goods, with tariffs at the same level on the Japanese auto industry. In addition, Japan will invest $550 billion in America.<\/p>\n

Wednesday, the Dow Jones Industrial Average added to its gains after the Financial Times reported the U.S. and EU were closing in on their own 15% tariff deal. The blue-chip index rose 1.1%, or 508 points.<\/p>\n

The Japan deal raised hopes for similar agreements with U.S. trading partners that are major car producers and have yet to strike deals<\/a>. Automakers such as Korea’s Hyundai and Germany’s Volkswagen rallied, while Toyota and Honda each notched double-digit percentage gains<\/a> in Japan.<\/p>\n

Meanwhile, earnings season is in full swing. AT&T gained more wireless and internet subscribers than expected, and its revenue topped forecasts<\/a>. Hotel operator Hilton also posted better-than-projected results<\/a>, but its outlook for this quarter disappointed investors.<\/p>\n

U.S. stocks rose. The S&P 500 climbed 0.8% to a third straight record. The Nasdaq composite added 0.6%, closing above 21,000 for the first time. The Dow ended the day within 0.1% of its closing high set in December.<\/p>\n

Japan’s Nikkei 225 jumped to its highest close in around a year<\/a>. European and other Asian indexes gained, with the FTSE 100 notching a record high.<\/p>\n

Japanese bond yields rose, with the 10-year yield settling at its highest since 2008. A bond auction met with weak demand amid reports Shigeru Ishiba might resign as prime minister, which he denied.<\/p>\n

U.S. Treasury yields gained as well. The yield on the 10-year note rose to 4.387%.<\/p>\n

Check out our full roundup of the day in trading<\/a> or listen to the WSJ Minute Briefing podcast<\/a>.<\/p>\n

\ud83d\udce7 Get smarter about markets with our free weekday morning<\/a> and evening<\/a> newsletters.<\/p>\n","protected":false},"excerpt":{"rendered":"The European Union is negotiating an outline trade agreement with the Trump administration in which it would accept…\n","protected":false},"author":2,"featured_media":38335,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[28,112,31343],"class_list":{"0":"post-38334","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-markets","10":"tag-risk-compliance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/38334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=38334"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/38334\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/38335"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=38334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=38334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=38334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}