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North America

Trump gives EU a July 4 ultimatum to approve trade deal

President Donald Trump has given the European Union until July 4 to ratify a trade deal with Washington, threatening to revert to higher tariffs on EU goods if Brussels misses the deadline. The warning followed a US trade court ruling that found his global tariff policy violated US law.

The Berlaymont building of the European Commission in Brussels.
Photo: Adam B. / Pexels
BBC Business1 h agoVOW3 STLA MC

President Donald Trump has set a July 4 deadline for the European Union to approve a trade deal with the United States, warning Washington will revert to higher tariffs on EU exports if the agreement is not ratified by then. The White House confirmed the threat in talks with European officials.

The ultimatum came as the US Court of International Trade ruled that Trump's global tariff regime breached US law. The administration said it would appeal, with the US trade representative voicing confidence the ruling would be overturned.

Major EU economies, including Germany, France and Italy, are weighing how their auto, steel and wine exporters would absorb a new tariff wave. If Brussels accepts the deal before July 4, transatlantic tensions could ease; otherwise, a renewed tariff war is likely to return to the top of the agenda.

TradeGeopoliticsRegulationVOW3STLAMCNorth AmericaBBC Business
This article is an AI-curated summary of the original story published by BBC Business. The illustration is a stock photo by Adam B. from Pexels and is not from the original story.

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