Trump
Trump gives 4 July ultimatum to EU to approve trade deal with US
✦ AI Brief
US President Donald Trump has threatened to impose "much higher" tariffs on the European Union if it fails to drop its levies on US goods to zero by a certain date. Trump made this statement after a phone call with European Commission President, stating that the EU had signed a "historic trade deal" with the US and agreed to cut its tariffs. The EU says it is making progress towards tariff reduction, but progress on enacting the deal has stalled due to disagreements over certain safeguards.