The US administration has threatened to hit EU goods with a 50% tariff, with US president Donald Trump lashing out at the bloc. Speaking in Brussels, Mr McGrath said experience shows that comprehensive trade deals take a long period to complete. “It may not be possible to have the level of detail that you would normally have in a trade agreement completed by July 9, but hopefully we can have the outline of the agreement that can provide the stability we need,” Mr McGrath said. He said the sooner an agreement could be reached between the two sides, “the better”, given that European companies are being hit with significant existing tariff levels. However, he was cautious about a flat 10% tariff rate, alongside the 25% steel and aluminium tariffs, remaining in place in the case of agreement. “A continuation of the status quo is not a deal, so we need to have an agreement reached as soon as possible.” He described the negotiations as being “detailed, protracted, and quite challenging”, but that both the EU and US were remaining at the table. The justice commissioner also pushed back on criticism of the European Commission over its stance on Gaza, saying the European Council is responsible for setting its stance out. He said the College of Commissioners had a “good discussion” on a report outlining that Israel may have breached its human rights obligations under the EU-Israel association agreement in carrying out its war in Gaza. Mr McGrath called for a full ceasefire in Gaza, alongside the return of humanitarian aid to the enclave. “What we are witnessing transpire in Gaza is abhorrent and it is untenable. It cannot continue and the international community has to work together to find a solution. “It is unconscionable that we are watching on our social media feed and on television, scenes of children who are clearly malnourished and emaciated, while at the same time thousands of trucks of food and medicine are waiting at the border. “Israel needs to allow those trucks into Gaza so that lives can be saved.” Meanwhile, Mr McGrath said the commission would be examining the matter of dynamic pricing, saying he was “determined” to address the matter. Demand pricing or surge pricing is when the price change of a product or service, for example, concert tickets, is dependent on demand. This can be used in the sake of concert tickets, but is also used by hotels and airlines to increase prices as supply drops. “It doesn’t mean it will necessarily lead to a ban, but at a minimum, more information is needed,” Mr McGrath said “If you’re joining a queue to buy concert tickets and you’re doing it on the basis that prices start at €70, you should also be told that prices could be €800 by the time you get to the end of the queue.”