Trump threatens EU if no trade deal is signed by new deadline

President Donald Trump said he would give the European Union until July 4 to approve a trade deal with the United States and threatened to raise tariffs to “much higher” levels if the 27-nation bloc does not do so.

One to mail In an interview published on Truth Social late Thursday, Trump issued a new trade deadline during his “big meeting” with European Commission President Ursula von der Leyen, in which he said both leaders agreed that Iran would never have a nuclear weapon.

The speech came shortly after the US president pledged to raise tariffs on cars and trucks imported from the EU to 25%, accusing the bloc of failing to comply with the terms of a deal struck at a golf course in Scotland last July.

“I have been patiently waiting for the EU to deliver on its side of the Historic Trade Agreement we agreed in Turnberry, Scotland, the largest Trade Agreement ever! The EU was promised to uphold its side of the Agreement and reduce Tariffs to ZERO under the Agreement!” Trump said.

“I agreed to extend the deadline until our country’s 250th Birthday, otherwise, unfortunately, Tariffs will immediately jump to much higher levels,” he added, referring to July 4th.

It was not immediately clear whether Trump indicated the tariffs would apply to all EU goods or whether the increase would apply only to cars. But his latest comments suggest he is backing down from last week’s threat to impose higher tariffs on cars and trucks imported from the bloc.

EU’s von der Leyen in question He said the bloc, through X, remained “fully committed” to the implementation of the trade deal. He added that “good progress was made towards tariff reduction in early July”.

Hours after Trump’s trade threat to the EU, a US trade court ruled that Trump’s latest 10% global tariffs were not justified under US law.

This dealt a new blow to the Trump administration’s trade policy. The Supreme Court ruled earlier in the year that the president could not enact larger double-digit tariffs.

Bernd Lange, the European Parliament’s chief trade negotiator. in question He said on Thursday that EU lawmakers and their governments had made “good progress” to finalize a deal that would reduce US tariffs to zero, but added that “there is still some way to go”.

Trade negotiators are scheduled to meet again on May 10 for the next round of talks.

Speaking to Bloomberg earlier in the week, US Trade Representative Jamieson Greer in question He said he expected the EU to keep “its side of the trade agreement” agreed in July last year.