Donald Trump has set a 4 July deadline for the EU to give its final consent to the trade deal struck last summer or face “much higher levels” of tariffs.
The trade deal under discussion would see the EU cut tariffs to zero on industrial and agricultural goods in exchange for a 15% tariff on most exports to the US.
In a post on Truth Social, the US president said he had a “great call” on Thursday night with Ursula von der Leyen. “I agreed to give her until our Country’s 250th Birthday or, unfortunately, their Tariffs would immediately jump to much higher levels,” he wrote.
“I’ve been patiently waiting for the EU to fulfill their side of the Historic Trade Deal we agreed in Turnberry, Scotland, the largest Trade Deal, ever!” he also posted in the message. “A promise was made that the EU would deliver their side of the Deal and, as per Agreement, cut their Tariffs to ZERO!”
Von der Leyen on her part acknowledged that the EU remains “fully committed” to the…
