Newsweek World
  • Business
  • Economics
  • Markets
  • Technology
GO ADD-FREE
  • Login
No Result
View All Result
  • Business
  • Economics
  • Markets
  • Technology
No Result
View All Result
Newsweek World
  • GO ADD-FREE
  • Login
Home Economics

EU, U.S. Near Trade Deal as Trump Issues Tariff Threats

Roberto Mongillo by Roberto Mongillo
July 9, 2025
in Economics
EU, U.S. Near Trade Deal as Trump Issues Tariff Threats

The European Union indicated it could establish a basic trade agreement with the U.S. during the upcoming days despite President Donald Trump’s escalating threats against global trading partners.

Trump announced his plan to publish seven new tariff announcements which would impose a 50% duty on copper imports and additional taxes on semiconductors and pharmaceuticals. The U.S. President uses these measures to force countries into new bilateral agreements before August 1.

The EU remains a top target. Trump indicated that European export tariffs might be decided within 48 hours because Brussels showed increased cooperation. The talks with China show signs of progress.

EU trade chief Maros Sefcovic announced that the bloc achieved “good progress” toward establishing a framework agreement which could lead to a quick resolution. The Italian officials stated that the ongoing negotiations face “very complicated” challenges.

The recent tariff announcement made through social media by Trump caused market instability while receiving opposition from essential U.S. trading partners. The EU continues to believe that diplomatic efforts will prevent a destructive trade conflict.

The time-sensitive negotiations continue because rising trade tensions threaten worldwide supply networks at a time when inflationary pressures are decreasing.

Tags: EU
Previous Post

CEO of Musk’s X Steps Down After Grok Controversy

Next Post

Delta Forecasts Stronger Profits as Bookings Stabilize

Related Posts

CEO Turnover at U.S. Giants Hits Two-Decade High
Economics

CEO Turnover at U.S. Giants Hits Two-Decade High

U.S., EU Strike Tariff Deal, Sidestep Trade War
Economics

U.S., EU Strike Tariff Deal, Sidestep Trade War

Fed Set to Hold Rates Amid Inflation, Tariff Risks
Economics

Fed Set to Hold Rates Amid Inflation, Tariff Risks

Trump Says Odds of EU Trade Deal at 50-50
Economics

Trump Says Odds of EU Trade Deal at 50-50

U.S. Core Capital Goods Orders Slip as Uncertainty Mounts
Economics

U.S. Core Capital Goods Orders Slip as Uncertainty Mounts

Tariffs Ignite Inflation Fears Despite Business Pickup
Economics

Tariffs Ignite Inflation Fears Despite Business Pickup

Next Post
Delta Forecasts Stronger Profits as Bookings Stabilize

Delta Forecasts Stronger Profits as Bookings Stabilize

Newsweek World
Linkedin Instagram X-twitter Facebook
Business >
Economics >
Markets >
Technology >

Company
About us
Authors

Company
About us
Authors

Contact
Contacts

Terms of Use
Terms & Conditions
Privacy Policy

Editions:
World
U.S. Edition
New York
Español
中文 (简体)
Português
Français
Italiano
Norsk
Svenska
Türkçe

Contact
Contacts

Terms of Use
Terms & Conditions
Privacy Policy

© 2025 Newsweek World.
All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Economics
  • Markets
  • Technology

© 2025 Newsweek World. All rights reserved.

  • Español
  • Português
  • 中文 (简体)
  • 日本語
  • Français
  • Italiano
  • Norsk
  • Svenska
  • Türkçe