US Edition
Trump Plays Hardball as Tariff Deadline Looms
- EU Trade Chief Maroš Šefčovič traveled to Washington for final talks with U.S. officials ahead of the July 9 tariff pause deadline.
- Since April, the U.S. imposed a 10% tariff on partners, delaying higher duties until July 9 to allow negotiations, citing a lack of reciprocity in trade ties.
- Analysis shows Brussels fears tariffs could rise to 20% or 50% on key sectors like cars, steel, and aluminum if negotiations fail.
- European exporters face potential disruption and higher costs in sectors like steel, aluminum, automotive, and pharmaceuticals due to escalating US import tariffs, risking supply chain stability.
- Analysts project a potential trade deal, extended tariff pause, or surge by Labor Day, as EU officials seek sovereignty-preserving compromises before July 9 deadline.
73 Articles
73 Articles
Deal or no deal: What happens with Trump's July 9 tariff deadline?
WASHINGTON, United States — A week before US President Donald Trump reimposes steep tariffs on dozens of economies, including the EU and Japan, many are still scrambling to reach a deal that would protect them from the worst. The tariffs taking effect July 9 are part of a package Trump imposed in April citing a
Deal or no deal: What happens with Donald Trump's July tariff deadline?
A week before US President Donald Trump reimposes steep tariffs on dozens of economies, including the EU and Japan, many are still scrambling to reach a deal that would protect them from the worst. The tariffs taking effect July 9 are part of a package Trump imposed in April citing a lack of “reciprocity” in trading ties. He slapped a 10 percent levy on most partners, with higher customised rates to kick in later in countries the United States h…
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