US Pushes EU for Unilateral Tariff Cuts: FT

Good morning. The US is reportedly pushing the EU to cut its own tariffs first. The Trump administration bars foreign students from Harvard. And Spain pushes ahead for a 100% tax for non-EU home buyers. Listen to the day’s top stories.

The US is pushing the EU to make unilateral tariff reductions or face reciprocal duties of 20%, the FT reported. Washington will tell Brussels today that Europe’s focus on mutual tariff reductions falls short of US expectations, the report said.