EU trade negotiator says calls with US officials were ‘good’ after Trump extends tariff deadline
- On June 1, President Donald Trump announced plans to apply a 50% tariff on products coming from the European Union but later postponed the implementation date to July 9.
- Trump’s tariff threat stems from complaints about the EU’s trade surplus, value-added taxes, and longstanding disputes over food safety and regulatory standards.
- European negotiators are actively seeking a trade deal to avoid the tariffs, while the EU consistently refuses to change its rules on sanitary standards, GMO crops, and chlorinated chicken.
- Economists warn the 50% tariffs could lower the Eurozone’s economy by up to 1% next year and reduce business investment by more than 6%, while experts call the tariff an "effective trade embargo."
- Mary Lovely said Trump’s strategy increases uncertainty that paralyzes business and shows the U.S. as an unreliable partner operating on whim rather than law, implying ongoing tension ahead.
434 Articles
434 Articles
European Union Struggles For Trade Deal With US By July 9 Amid Tariff Tensions
European Commission President Ursula von der Leyen has reiterated the European Union's (EU) commitment to reach a "good" trade deal with the US before July 9 during a phone call with US President Donald Trump.
Trump's Tariff Tactics Deflate EU's Self
There is, finally, some movement forward in the trade negotiations between the United States and the European Union. According to Yahoo Finance,the European Union has agreed to fast-track trade talks with the US in a bid to avoid President Trump’s 50% tariffs—which, in an about-face, he announced would be delayed until July 9. … EU’s trade chief, Maroš Šefčovič, will lead political negotiations and is focusing on key sectors such as semiconducto…
Can the position of Trump towards the EU in terms of trade and security be reversible? A special episode in which we analyze Europe's relations with the United States and the rest of the world.
US court battle over Trump tariffs brings no reprieve for EU
The EU could almost have been saved by the bell, at least in part, by a US court ruling suspending many of President Trump's tariffs. But it's more likely to heighten confusion than usher in a breakthrough, experts warn.
Coverage Details
Bias Distribution
- 51% of the sources are Center
To view factuality data please Upgrade to Premium