Trump’s 50% tariff threat looms: EU considers temporary trade deal with US; Von der Leyen pushes for ‘agreement in principle’

Jul 6, 2025 - 00:30
Trump’s 50% tariff threat looms: EU considers temporary trade deal with US; Von der Leyen pushes for ‘agreement in principle’

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The EU is contemplating a temporary trade agreement with the US, retaining a 10% tariff on most exports, following negotiations aimed at averting President Trump's threatened 50% tariff on European imports. Divisions persist among EU members regarding the approach, with some favoring a swift agreement for key sectors, while others seek a more comprehensive deal.

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