EU Struggles For Trade Deal With US By July 9 Amid Tariff Tensions

New Delhi: European Commission President Ursula von der Leyen has reiterated the European Union’s (EU) dedication to achieve a “good” business maintain the USA earlier than July 9 all through a telephone name with US President Donald Trump.

In a publish on social media platform X, von der Leyen stated on Saturday that she had a “good call with President Trump ahead of the G7 Summit”. The US executive’s resolution to boost price lists on metal and aluminum imports to 50 in keeping with cent took impact previous this month, escalating a business dispute that has drawn sharp worry from European manufacturers, who warn the steep new tasks may just purpose vital hurt to the field, Xinhua information company reported.

On May 26, European Commissioner for Trade and Economic Security Maros Sefcovic made an identical feedback after Trump stated talks with the 27-member bloc have been “going nowhere” and threatened to impose a 50 in keeping with cent tariff on all EU imports from June 1.

Following a decision from von der Leyen, Trump then agreed to prolong the deliberate tariff hike till July 9. According to von der Leyen’s publish on Saturday, she and Trump additionally mentioned the eventualities within the Middle East in addition to in Ukraine all through the telephone name.

US Commerce Secretary Howard Lutnick stated on June 11 that the European Union is perhaps a number of the closing offers that the USA completes, because the management rushes to protected tariff agreements with different buying and selling companions.

Lutnick, who has lengthy expressed frustration with the bloc, indicated on Wednesday that discussions intensified following President Donald Trump’s risk to boost levies to 50 in keeping with cent — which he behind schedule till July 9 to permit extra time for negotiations — however are nonetheless continuing extra slowly than others.

The Commerce leader stated “Europe was more than thorny” earlier than Trump issued his ultimatum, then “all of the sudden they got a little religion and made a proper offer”. The US and EU were grappling over business phrases earlier than the July cutoff.

EU business leader Sefcovic has been in common communique with Lutnick and US Trade Representative Jamieson Greer because the companions agreed to fast-track negotiations two weeks in the past.

Still, the EU believes business negotiations with the USA may just blow previous the cut-off date and officers see an settlement at the rules of a deal by way of that date as a best-case state of affairs that might permit additional time to figure out main points, in keeping with folks acquainted with the topic.

Trump management officers have proven exasperation over talks with the EU, announcing it is tougher to barter an settlement with a gaggle of 27-nations with differing priorities.

US Treasury Secretary Scott Bessent in a May interview with Bloomberg Television stated maximum US buying and selling companions were negotiating “in very good faith” however singled out the EU as an “exception”. He additionally accused the bloc of getting a “collective action problem”. The EU has struggled to achieve extra readability on what Trump is looking for in talks.