EU leaders meet to decide on whether to back quick US trade deal or seek better terms
- EU leaders met in Brussels to discuss trade negotiations with the U.S. ahead of a July 9 tariff deadline and global security issues.
- The talks follow U.S. threats to impose a 50% reciprocal tariff on nearly all EU exports if no deal is reached by July 9.
- Discussions included reducing tariffs, addressing digital service taxes, sanctions on Russia, the Middle East conflict, and renewed Iran diplomacy.
- Trump indicated that the EU will have to negotiate a favorable agreement or face paying the tariffs imposed by the U.S. according to his terms, highlighting the pressure on the bloc.
- The summit aimed to conclude with a statement setting the EU’s agenda for months, signaling continued focus on trade balance and security.
103 Articles
103 Articles
EU leaders on WTO: We need to ‘come up with something else’
Some European Union leaders discussed a rethinking of the World Trade Organization, the entity at the center of the global trading system, at the European Council meeting on Thursday night in Brussels.
After the EU summit, the Chancellor is in favour of a simple but fast customs agreement. France's President Macron warns against unbalanced conditions.
The deadline for a trade deal between the European Union and the United States is approaching.
EU leaders meet to decide on whether to back quick US trade deal or seek better terms
European Union leaders are to tell the European Commission on Thursday whether they want to reach a quick trade agreement with the United States on terms that favour Washington or keep fighting for a better deal.
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