Stories

Thu, 07 May 2026

Thu, 07 May 2026 Trump gives EU ultimatum deadline to approve trade deal with US

Trump's deadline to the European Union came as a trade court ruled his global tariff policy violated US law.

* Trump threatens "much higher" tariffs on EU if they don't drop their levies on US to zero by July 4
* European Commission President Ursula von der Leyen says EU is making good progress towards tariff reduction
* US trade court rules Trump's latest 10% global tariffs are not justified under US trade law, paving way for further challenges
* Trade deal between EU and US stumbled after talks between lawmakers and governments ended without agreement
* EU and US negotiators to meet again on May 19 in Strasbourg to discuss implementation of trade deal
* EU lawmakers have conditional approval from European Parliament to implement trade deal, but it requires endorsement by 27 member states
* Trump had threatened tariffs of 30% on European goods under original agreement.