EU ‘ready for a deal’ as deadline in tariffs conflict with US looms
US President Donald Trump’s tariff pause ends on July 9. Von der Leyen is taking a defensive stance as her trade Commissioner Šefčovič continues negotiations in Washington.
US President Donald Trump’s tariff pause ends on July 9. Von der Leyen is taking a defensive stance as her trade Commissioner Šefčovič continues negotiations in Washington.
Faced with US tariffs, competition from China and climate rules at home, Europe’s carmakers are struggling with falling sales and profits. While Washington and London have reached a first deal since US President Trump began his global trade offensive, the European Union is still seeking a transatlantic agreement to save one of its key industries.
The US and China agreed on a substantial rollback of tariffs for 90 days.
Talks on a transatlantic free trade agreement stalled when US President Donald Trump first took office in 2017. Now, his unpredictable tariff policy has only strained relations between Brussels and Washington.
US President Donald Trump’s decision to impose 20 percent tariffs on imports from the European Union has left EU member states scrambling to respond.