Trump gives EU until July 4 to ratify trade deal or face higher tariffs

President Donald Trump said he will give the European Union until July 4 to ratify its trade agreement with the U.S.

President Donald Trump has said in a social media post that goods from the European Union would face higher tariff rates if the 27-member bloc fails to approve last year's trade framework by July 4. The announcement on Thursday appeared to be a deadline extension after the president said last Friday that EU autos would face a higher 25 per cent tariff starting this week. Trump made the updated announcement after what he described as a "great call" with European Commission President Ursula von der Leyen. Still, the US president was displeased that the European Parliament had yet to finalize the trade arrangement reached last year, which was further complicated in February by the US Supreme Court ruling that Trump lacked the legal authority to declare an economic emergency to impose the initial tariffs used to pressure the EU into talks. "A promise was made that the EU would deliver their side of the Deal and, as per Agreement, cut their Tariffs to ZERO!" Trump posted. "I agreed to gi

The US president says he will hit the bloc with ‘much higher’ tariffs if it does not implement agreement by July 4

European Commission President Ursula von der Leyen says 'good progress is being made towards' that date

Trump sets Fourth of July deadline as he vents impatience at speed of EU’s implementationDonald Trump has said the EU must ratify its trade deal with the US by 4 July or face “much higher” tariffs, after European officials fell short of agreement on the pact.Trump said he spoke to the EU chief, Ursula von der Leyen, about the issue and, he posted on his Truth Social platform, “agreed to give her until our Country’s 250th Birthday or, unfortunately, their Tariffs would immediately jump to much higher levels”. Continue reading...

US President Donald Trump on Thursday said the European Union must ratify its trade deal with the United States by July 4 or face “much higher” tariffs, after European officials fell short of agreement on the pact. The US president said he spoke to EU chief Ursula von der Leyen about the issue and “agreed to give her until our Country’s 250th Birthday or, unfortunately, their Tariffs would immediately jump to much higher levels”. The Fourth of July holiday this year marks 250 years since the...