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EU leaders meet to decide on whether to back quick US trade deal or seek better terms

  • European Union leaders met in Brussels on June 26, 2025, to decide whether to back a quick U.S. trade deal or push for better terms ahead of the July 9 deadline.
  • The meeting followed ongoing trade talks complicated by U.S. threats of 50% tariffs on EU exports and internal EU decisions on sanctions and geopolitical issues including Iran and Gaza.
  • The summit agenda included discussions on rebalancing tariffs, digital sovereignty concerns with Chinese influence on 5G, sanctions on Russia, and collaboration on regional security and humanitarian crises.
  • Trade tensions featured U.S. tariffs on steel, aluminum, autos, and potential expansion to pharmaceuticals and aircraft, while EU leaders warned of retaliatory tariffs and stressed need for a balanced, competitive European market.
  • The summit was set to end with conclusions shaping EU policy for months ahead, indicating that negotiations might extend past July 9, while the EU aims to protect business interests and address major global challenges together.
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ReutersReuters
+5 Reposted by 5 other sources
Center

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.

·United Kingdom
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Lean Right

It is hoped that the leaders of the European Union will once again insist on supporting comprehensive and lasting peace in Ukraine.

·Portugal
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U.S. News broke the news in New York, United States on Tuesday, June 24, 2025.
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