U.S. President Donald Trump's recent executive order only sets out his so-called "reciprocal" tariff for the EU at 15% and does not apply to cars and other agreed carve-outs, EU officials said on Friday,

Discrepancies between the two sides' version of the deal have emerged, and key details of the agreement are yet to be negotiated.

The European Union and the US have announced a political agreement that will completely reset the €1.7 trillion ($2 trillion) transatlantic trade relationship.