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Trump says EU has until July 4 to approve last year’s trade deal or it will face higher tariffs

Trump said the bloc must ratify the framework as talks continue over tariff cuts and safeguards after a Supreme Court ruling limited his tariff authority.

  • President Donald Trump announced on Thursday that the European Union has until July 4 to approve last year's trade deal or face higher tariffs, framing the deadline around the Country's 250th Birthday.
  • The Historic Trade Deal, agreed in Turnberry, Scotland, originally set tariffs on European goods at 15%. Trump claims the European Union failed to cut tariffs to ZERO as promised under the Agreement.
  • After the Supreme Court ruled the initial tariff declaration lacked legal authority, the administration levied a 10% tariff while investigating trade imbalances. Trump previously threatened to increase tariffs on European automobiles to 25%.
  • Trump wrote on Truth Social that he had a "great call" with European Commission President Ursula, though the European Parliament has yet to finalize the trade arrangement reached last year.
  • Until the Country's 250th Birthday, the European Union has until July 4 to fulfill its side of the deal; otherwise, Trump warned that tariffs would immediately jump to much higher levels.
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162 Articles

Center

ANALYSIS – Donald Trump is putting pressure on the EU by threatening to raise tariffs on cars if the agreement is not ratified by July 4th. A dialogue of the deaf. Source link: https://www.lefigaro.fr/economie/guerre-commerciale-pourquoi-les-europeens-n-ont-toujours-pas-ratifie-l-accord-de-l-ete-2025-avec-les-etats-unis-20260507 Author: Publish date: 2026-05-07 20:15:00 Copyright for syndicated content belongs to the linked Source.

Left

He set the 250th anniversary of U.S. Independence as the final deadline for Brussels to comply with "the biggest trade agreement in history"

Center

Six hours of intense negotiation, started on Wednesday evening and ended in the middle of the night, was not enough to get to the white smoke on the agreement on tariffs with the US. The trilogue,...

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Center

Donald Trump spoke in the customs dispute with the European Union. The US President set a new deadline.

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Forbes broke the news in United States on Thursday, May 7, 2026.
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