EU seeks July 9th deadline for US trade deal
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EU chief Ursula von der Leyen says the bloc needs until July 9th to finalize a trade deal with the US. This follows a "good" phone call with President Trump, who recently threatened steep tariffs on EU goods. While the EU is committed to a swift resolution and a fair deal, the July 9th deadline is crucial for reaching an agreement. Trump initially threatened 50% tariffs, later reducing them to 10% until July 8th to allow for negotiations. Both sides acknowledge the importance of the EU-US trade relationship but differ on the pace of negotiations and the fairness of the current arrangements.
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