European Parliament Wades Into Trump Trade Deal Haggling
- Ongoing EU-US trade talks in Brussels face a July 9 tariff deadline, with Trump warning of higher tariffs amid mounting pressure and cautious calls for delay.
- Prompted by unresolved disputes, the EU’s offer to eliminate industrial-goods duties clashes with U.S. demands on taxes, digital rules, and safety standards, fueling trade deadlock.
- French Finance Minister Eric Lombard prefers delaying the July 9 deadline to secure a better deal amid EU-US trade divisions, citing the 'Swiss cheese' proposal for exemptions.
- Bessent indicates talks are unclear, warning two weeks is insufficient for a deal, as Trump emphasizes the July 9 deadline.
- Building on ongoing trade talks, EU Commission President Ursula von der Leyen proposes a CPTPP coalition to reform the WTO, aiming for long-term global trade stability.
18 Articles
18 Articles
The French Minister of Finance asked for further negotiations between the EU and the US in the field of trade beyond the limit of 9 July, to obtain a better agreement, transmitted Reuters. The deadline was set...
World powers scramble to secure US trade deals
World powers are scrambling to secure trade deals with the US before President Donald Trump’s pause on his “Liberation Day” tariffs ends July 9.India’s trade team has extended its stay in Washington, while new fractures have emerged within the European Union: Germany wants Brussels to strike a deal fast, but France wants the EU to take a firmer stance.It appears increasingly unlikely that US negotiators will agree dozens of deals within 10 days,…

French minister calls for extension of EU-US trade talks
PARIS (Reuters) -France's finance minister has called for extending EU-U.S. trade talks beyond the July 9 deadline in order to secure a better agreement.
France Urges Extension in EU-U.S. Trade Talks Deadline
France's finance minister advocates for extending the EU-U.S. trade talks past the July 9 deadline to secure a favorable agreement, as negotiations remain uncertain. The discussions hold high stakes, with potential tariff implications looming should a deal not be finalized. Energy imports from the U.S. might feature in future agreements.
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