EU Increasingly Resigned to 10% Baseline Tariff
- The EU and the US are negotiating a complex trade agreement aiming to meet a July 9 deadline involving digital technology regulations and tariffs.
- Tensions escalate as the US accuses the EU of excessive regulation of digital technologies and warns it may impose tariffs in response should the EU implement its digital regulatory framework targeting major tech companies.
- Big Tech firms have urged a pause on the EU's AI Act implementation while pushing for federal US regulation to override diverse state AI laws amid a challenging domestic environment.
- Ursula von der Leyen acknowledged the difficulties involved but noted progress is being made, expressing cautious optimism and a strong commitment to accelerating the negotiations, despite President Trump criticizing the EU's position as "unfair."
- The outcome of the talks may influence future US tariffs, EU digital regulation, and AI policymaking amid risks of domestic backlash and ongoing geopolitical economic considerations.
26 Articles
26 Articles
There is little movement in the customs dispute between the EU and the US. Commission President Ursula von der Leyen calls for an agreement before 9 July.
The US President calls for a good offer from the EU. EU Commissioner von der Leyen wants an agreement before the end of the deadline on 9 July.
Kananaskis (Canada), 17 Jun (EFE).- The president of the European Commission, Ursula von der Leyen, insisted on Tuesday that the US and the EU are moving forward to reach a trade agreement despite statements by US President Donald Trump on Monday night stating that the European proposal was not fair for Washington. https://holanews.com/wp-content/uploads/2025/06/rss-efeacefb7fc-ee77-4c81-9568-22ba33a91d8-hd-web.mp4 Von der Leyen, who is in the C…
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