July 4 Deadline Sets New Risk for US-EU Trade Pact

1 min read
Source: CNBC
July 4 Deadline Sets New Risk for US-EU Trade Pact
Photo: CNBC
TL;DR

Trump set a July 4 deadline for the EU to ratify the U.S.-EU trade deal, warning tariffs would rise sharply—potentially to 25% on autos—if Brussels misses the deadline, while von der Leyen says progress is being made toward tariff reductions; negotiators are due to meet again on May 10, as a separate U.S. court ruling found Trump’s 10% global tariffs unjustified.

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