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.

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