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Donald Trump extends EU trade deal deadline while issuing fresh threat

The US president says he will hit the bloc with ‘much higher’ tariffs if it does not implement agreement by July 4

Donald Trump has given the EU until early July to implement its trade deal with the US, as he also offered a reprieve from steep car tariffs threatened last week, according to people familiar with the matter.

The US president said in a post on Truth Social on Thursday that he would hit the EU with “much higher” tariffs if it did not put in place its side of the agreement struck last summer before July 4.

Trump wrote that he had spoken with European Commission president Ursula von der Leyen by phone on Thursday morning.

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