The European Commission said on Thursday a negotiated trade solution with the United States is within reach - while EU members voted to approve counter-tariffs on 93 billion euros ($109 billion) of U.

The European Union and the US are progressing toward an agreement that would set a 15% tariff for most imports, according to diplomats briefed on the negotiations.

The Commission said on Wednesday its primary focus was to achieve a negotiated outcome with the United States to avert 30 percent U.S. tariffs that U.S. President Donald Trump has