The agreement under negotiation to settle a customs dispute between the European Union and the United States is only a few pages long, senior EU lawmaker Bernd Lange has said. The possible framework agreement is "a relatively limited paper,

Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.

The EU is aiming for a July 9 deal, which would include a 10 percent baseline tariff. Trump has threatened to impose 50 percent tariffs if no deal is reached.