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.

Some European Union carmakers and capitals are pushing for an agreement with the US that would allow for tariff relief in return for increasing investments in the US, according to people familiar with the matter.

(Reuters) -European shares edged lower on Friday, as investors weighed uncertainty over U.S. trade deals, with the July 9 deadline fast approaching. The pan-European STOXX 600 index fell 0.4% to 541.61 points, as of 0704 GMT, and was on track to log a weekly decline. Other major regional indexes also traded lower.