Under Trump's Pressure, EU Agrees to Implement Trade Deal with US
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5/100
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4
AI Summary (NQ-processed)
Members of the European Parliament and EU member states reached a consensus early on the 20th to implement a trade agreement made with the United States nearly a year ago. The move comes after U.S. President Donald Trump warned of new tariffs if the EU failed to complete the process by July 4. The agreement aims to end a transatlantic trade war that has lasted for over a year, but if the deadline is missed, Trump has threatened to raise tariffs on European cars and trucks from 15% to 25%.