economy
Trump threatens EU with ‘much higher’ tariffs if no trade deal signed by new deadline
President Donald Trump said he will give the European Union until July 4 to ratify its trade agreement with the U.S.

TL;DR
- President Trump has given the European Union a deadline of July 4th.
- This deadline is for the ratification of its trade agreement with the U.S.
- Trump has threatened to impose "much higher" tariffs if the deadline is not met.