EU calls reports it ready to accept 10% U.S. tariff "speculative"

BRUSSELS, June 16 (Reuters) - The European Commission said on Monday that reports suggesting the European Union was willing to accept a broad U.S. tariff of 10% on EU goods were "speculative" and did not reflect the current state of discussions.

German newspaper Handelsblatt said on Monday that Brussels negotiators were prepared to accept the flat 10% U.S. tariff on most EU imports to avert higher duties on EU cars, drugs and electronics.

"Negotiations are ongoing, and no agreement has been reached at this stage. The EU has from the start objected to unjustified and illegal U.S. tariffs," the Commission said.