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EU leaders meet to decide on whether to back quick US trade deal or seek better terms

  • On June 27, Brussels will host a summit of European Union heads to discuss trade negotiations with the United States ahead of the July 9 deadline set by President Donald Trump.
  • Trump has set a July 9 deadline for reaching a trade agreement with the EU, warning that if no progress is made, he may enforce a 50% reciprocal tariff on goods exported from the EU, while negotiations are concentrating on eliminating tariffs and other trade barriers.
  • U.S. officials highlight digital service taxes, fines, and regulations as key obstacles that disadvantage American companies in Europe, while the EU prepares retaliatory tariffs on $95 billion of U.S. goods.
  • Joe Grogan emphasized that any agreement on trade must tackle obstacles such as digital service taxes and put a stop to the EU's protectionist measures that disadvantage American technology companies.
  • The EU summit will also cover sanctions on Russia, the humanitarian crisis in Gaza, and reviving Iran nuclear talks, all shaping the bloc's political agenda alongside trade outcomes.
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103 Articles

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Center
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CNNCNN
+6 Reposted by 6 other sources
Lean Left

EU leaders on WTO: We need to ‘come up with something else’

Some European Union leaders discussed a rethinking of the World Trade Organization, the entity at the center of the global trading system, at the European Council meeting on Thursday night in Brussels.

·Atlanta, United States
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Lean Left

After the EU summit, the Chancellor is in favour of a simple but fast customs agreement. France's President Macron warns against unbalanced conditions.

·Germany
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Lean Right

The deadline for a trade deal between the European Union and the United States is approaching.

·Netherlands
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ReutersReuters
+5 Reposted by 5 other sources
Center

EU leaders meet to decide on whether to back quick US trade deal or seek better terms

European Union leaders are to tell the European Commission on Thursday whether they want to reach a quick trade agreement with the United States on terms that favour Washington or keep fighting for a better deal.

·United Kingdom
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U.S. News broke the news in New York, United States on Tuesday, June 24, 2025.
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