EU trade negotiator says calls with US officials were ‘good’ after Trump extends tariff deadline
- On May 24, 2025, EU Trade Commissioner Maros Sefcovic reported 'good calls' with U.S. Officials after Trump extended the tariff deadline to July 9 in Washington, D.C.
- The tariff extension followed Trump's ongoing threats of a 50% tariff on EU industrial goods, including autos, amid unresolved disputes over food safety standards and value-added taxes.
- The EU proposed a 'zero for zero' deal removing tariffs on industrial products, but European negotiators face challenges from Trump's unpredictable tactics and EU resistance on regulatory issues.
- Experts warn a 50% tariff would act as an effective trade embargo, cutting Eurozone GDP by up to 1% and slashing business investment by over 6%, while uncertainty paralyzes trade and investment.
- The tariff delay and ongoing talks suggest both sides seek a trade deal, but deep disagreements over regulations and taxes imply it is unlikely to resolve before the new July 9 deadline.
277 Articles
277 Articles
Dispatch from London: Engaging Trump without alienating the rest
The GeoEconomics team traveled across the pond for a series of meetings and events to determine if the recent US-UK trade deal could be a template for other countries seeking accords with the United States.
'Quickly establish meeting dates': Trump claims EU has given into 50% tariff threats
Rising trade tensions between the United States and the European Union have reached a critical point, with President Trump claiming victory in a high-pressure dispute over a proposed 50% tariff on European goods. The announcement comes after weeks of difficult negotiations marked by both sides accusing each other of not cooperating and failing to make real progress. Politico found that President Trump later announced on Truth Social that he had …
Why are the US and EU struggling to reach a trade deal?
US President Donald Trump has backed away — for now — from imposing steep levies on the European Union, two days after he threatened the bloc with 50 percent tariffs. On Sunday, Trump agreed to extend his deadline for trade talks until July 9, from the June 1 deadline he set on Friday, after European Commission President Ursula von der Leyen said the bloc needed more time to “reach a good deal”. Von der Leyen reportedly told Trump during a phone…
Trump: 'Slow Walk' Europe Changed Their Tune After 50% Tariff Warning
Europe rushed to set up meetings with U.S. negotiators after Trump fired a metaphorical shot across the bows. The post Trump Says ‘Slow Walking’ European Union Changed Their Tune After 50 Per Cent Tariff Threat appeared first on Breitbart.
Trump: EU ‘Slow Walked’ Trade, Tariffs Brought Them Back
President Donald Trump on Monday hailed his administration’s 50% tariff on European Union imports, claiming the move had successfully pressured EU officials back to the negotiating table. In a statement posted online, Trump accused the EU of “slow walking” trade talks and asserted his authority to impose trade terms unilaterally if the U.S. is treated unfairly. “I am empowered to ‘set a deal’ if we are unable to make a deal,” he wrote. The presi…
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