By Philip Blenkinsop and Trevor Hunnicutt BRUSSELS/WASHINGTON (Reuters) -The European Union and the U.S. are moving toward a trade deal that could include a 15% U.S. baseline tariff on EU goods and possible exemptions,

U.S. President Donald Trump has now set his sights on trade negotiations with the European Union, after announcing a framework agreement with Japan. "We have Europe coming in tomorrow, and the next day, we have some other ones coming in," Trump said late on Tuesday, without specifying details.

The European Union is currently negotiating a deal in which its products imported into the U.S. are tariffed at a 15% rate. That would be well below the 30% rate President Donald Trump announced earlier this month in a letter to the 27-member bloc.

US President Donald Trump has indicated that he will not go below a 15% rate as he sets his “reciprocal” tariffs on US trading partners, a sign that the floor for these increased levies is rising. This latest pronouncement adds another layer of complexity to the administration’s chaotic trade war,

The European Union is heading towards a trade deal with Washington that would result in a broad 15% tariff on EU goods imported into the U.S., avoiding a harsher 30% levy slated to be implemented from August 1,

US President Donald Trump said on Wednesday that the United States is prepared to lower threatened tariffs on European goods if the European Union opens its market further to US companies. "If they agree to open up the union to American businesses,

US President Donald Trump has confirmed that most countries trading with the US will soon face new tariffs starting at 15%, rising to as high as 50%. While smaller nations may see a baseline rate of 10%,

On his own terms, it could now be said that the aggressive approach by the US President is yielding tangible results.

As the two biggest economic targets in Donald Trump’s trade war, some analysts thought the European Union and China could move closer together and stake out common ground.

President Trump's threatened 30% tariffs on the EU might prompt some businesses to take another look at the U.K.

A growing number of European Union member states, including Germany, are considering using wide-ranging "anti-coercion" measures targeting U.S. services if the EU cannot reach a trade deal with U.S. President Donald Trump,

President Trump on Tuesday said the US had reached a trade deal with the Philippines, which will see the country's imports face a 19% tariff into the US. Trump said US exports will face no import tax in the Philippines as part of the deal.