US EditionTrump Plays Hardball as Tariff Deadline Looms
- EU Trade Commissioner Maroš Šefčovič travels to Washington for final talks with U.S. officials ahead of the July 9 tariff pause deadline.
- The U.S. imposed a 10% baseline tariff in April, delaying higher duties for 90 days, with the pause expiring on July 9, prompting urgent EU negotiations.
- The EU received initial U.S. draft proposals, focusing on sector exemptions and tariff reductions, aiming to lower the 10% baseline tariff before July 9.
- Failure to reach an agreement risks tariffs doubling to 20% or rising to 50%, impacting sectors like steel, autos, and pharmaceuticals.
- EU negotiations with the U.S. focus on avoiding steep tariffs, with Brussels open to discussing subsidies and investment screening within WTO rules, expecting an asymmetric deal.
70 Articles
70 Articles
Deal or no deal: What happens with Trump's July 9 tariff deadline?
WASHINGTON, United States — A week before US President Donald Trump reimposes steep tariffs on dozens of economies, including the EU and Japan, many are still scrambling to reach a deal that would protect them from the worst. The tariffs taking effect July 9 are part of a package Trump imposed in April citing a
Deal or no deal: What happens with Donald Trump's July tariff deadline?
A week before US President Donald Trump reimposes steep tariffs on dozens of economies, including the EU and Japan, many are still scrambling to reach a deal that would protect them from the worst. The tariffs taking effect July 9 are part of a package Trump imposed in April citing a lack of “reciprocity” in trading ties. He slapped a 10 percent levy on most partners, with higher customised rates to kick in later in countries the United States h…
EU Trade Commissioner Maroš Šefčovič is heading to Washington for a new round of tariff talks with US Trade Representative Jamiesen Greer. They now have a week to settle the dispute before President Donald Trump's so-called tariff pause and negotiation deadline expires on July 9.
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