Trump vows steep EU tariffs by Independence Day if zero-tariff pledge stalls

1 min read
Source: BBC
Trump vows steep EU tariffs by Independence Day if zero-tariff pledge stalls
Photo: BBC
TL;DR Summary

Trump warned he would raise EU tariffs to much higher levels by July 4 unless the bloc drops its levies to zero, tying the move to the US–EU trade deal that envisions tariff reductions (and had previously floated threats up to 30% on some goods and a 15% tariff under the agreement). The deal still needs approval from EU lawmakers and all 27 member states. Separately, a US trade court ruled Trump’s 10% global tariffs were not justified under US trade law, though the ruling does not automatically block them; negotiations were ongoing with another round planned.

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