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Good morning from the Financial Times. Today is Wednesday, July 9th. And this is your FT News briefing. The European

Union is closing in on a trade deal with the U.S. and a consulting group is in hot water for its

post-war plan for Gaza. Plus, European Commission President Ursula Leyen is facing a no-confidence

vote. How big of a deal is it?

But, you know, if she loses some support there, that would be a question mark over her next four years in the job.

I'm Mark Filipino, and here's the news you need to start your day.

The The EU and the U.S. are so close to a trade deal they can basically taste it, but it might be a little bit bitter for Europeans. The reason, the agreement would hit them with higher tariffs than the ones the UK got in its trade deal.

Here are the details. This would be a temporary framework agreement that sets Trump's so-called reciprocal tariffs at 10% while talks continue.

That's the same as the baseline duty imposed on the UK.

But here's where things diverge. Diplomats tell the F.T. The EU does not expect the same access to the U.S. market as certain British products are getting. One diplomat even said,

quote, the UK agreement was better, and they said it was surprising, giving how long the EU spent

negotiating.

European Commission President Ursula von der Leyen is pushing back against a no-confidence vote this week,

and yesterday she showed she's not pulling any punches.

...