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EU Leaders Discuss New US Trade Proposal as Deal Clock Ticks Down

  • On June 26, 2025, EU leaders met in Brussels to discuss new U.S. trade proposals amid an approaching tariff deal deadline.
  • The talks follow U.S. President Trump’s April announcement of ‘reciprocal’ tariffs, with a July 9 deadline for a tariff-reducing deal.
  • European officials are resigned to a baseline 10% U.S. tariff rate, with Macron warning Europe’s response must match that impact and goodwill seen as strength.
  • Ursula von der Leyen confirmed that the European Union had obtained the most recent U.S. negotiation paper, which an EU diplomat characterized as a brief, principle-based agreement, and she emphasized that all possibilities remain under consideration.
  • If no deal is reached by July 9, the existing 10% EU duty on U.S. imports would double to 20%, risking harm to exporters from cars to pharmaceuticals.
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The EU takes precautions and prepares possible commercial repressions. There are internal tensions in the EU on the US negotiating strategy. Germany supports a rapid agreement, while France warns that a rapid compromise could affect long-term competitiveness of Europe. The European Commission President Ursula von der Leyen stated that the EU is prepared for a trade agreement with Donald Trump, but "all options remain on the table", writes The Gu…

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U.S. News broke the news in New York, United States on Thursday, June 26, 2025.
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