EU chief, Trump hold talks as tariff threat looms

Reuters

The EU chief says she is ready to strike a deal with Washington after U.S. President Trump threatened 50% tariffs on the bloc.

EU chief Ursula von der Leyen said she had a “good call” with U.S. President Donald Trump after he threatened to impose 50% tariffs on the bloc.

Trump has repeatedly claimed the EU was created to “take advantage” of the United States. He also warned that talks with the 27-nation bloc were “going nowhere” and threatened to impose the tariffs on all EU imports starting June 1.

Von der Leyen said she is ready to move “swiftly” toward a trade agreement but added the EU would need until 9 July to secure a “good deal.”

Following the call, Trump agreed to pause the tariff threat until July 9.

Brussels has warned it will respond with tariffs on U.S. goods worth nearly $113 billion if negotiations fail.

Meanwhile, German Finance Minister Lars Klingbeil called for serious talks with Washington, saying he had discussed the matter with his U.S. counterpart, Scott Bessent.

Tags

Comments (0)

What is your opinion on this topic?

Leave the first comment