The pause on the administration's import levies will expire July 9. European Union negotiators have given up on reaching a trade new agreement by then.

It wasn’t immediately clear if the EU would be able to secure tariff reductions for particular industries, such as automotive or steel, a key demand from member states including Germany. The EU currently faces 25% tariffs in the automotive sector and 50% tariffs on steel and aluminum.

EU and US negotiators are holding final stretch talks over the weekend as Brussels chases a deal before a 9 July deadline to avoid the return of steep tariffs.