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.

Trump threatens EU with ‘much higher’ tariffs if no trade deal signed by new deadline

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.