US Edition
EU Firms Up Trade Strategy Ahead of Trump’s Tariff Deadline
- European Union leaders gathered in Brussels on June 26 to discuss trade negotiations with the US amid looming tariff increases set for July 9.
- The tariff threat stems from US President Donald Trump's administration seeking to reduce the EU's goods surplus through a 50 percent tariff hike if no deal is reached.
- The EU has prepared $24.6 billion in retaliatory tariffs targeting US industrial goods and is consulting member states on further measures to address trade imbalances.
- Ursula von der Leyen emphasized that while retaliation is not their preferred course of action, they have a robust strategy ready to implement if it becomes necessary, demonstrating a stance of careful readiness.
- EU officials warn that retaliation could hurt the bloc's economy and focus should remain on pursuing competitiveness and avoiding harmful escalation with the US.
24 Articles
24 Articles
Tariff war: Major European industrial nations, which are feeling the brunt of US tariffs, are ramping up pressure on the European Commission to act quickly…
Brussels has received a final proposal from the Trump administration that it has informed the leaders of the 27. Germany is pushing to reach a pact as soon as possible assuming that "a detailed agreement cannot be reached in two weeks" while France warns that it cannot be unbalancedA trade war against Spain would force the entire EU to respond and other keys to Trump's threat Twelve days remain before the deadline that Donald Trump and Ursula vo…
Paris and Berlin are divided into asymmetrical tariffs to be applied immediately. The tycoon closes the agreement with China: "Next is India"
Coverage Details
Bias Distribution
- 38% of the sources lean Left, 38% of the sources lean Right
To view factuality data please Upgrade to Premium
