EU urges Trump to return to 90-day trade negotiation period

The EU is prepared to quickly advance trade talks with the US, contingent on Donald Trump reverting to the original 90-day negotiation timeline, as stated by European Commission President Ursula von der Leyen after a call with Trump. This conversation follows Trump’s announcement of a 50% tariff on EU imports, escalating tensions in the transatlantic trade dispute and surprising European negotiators. Both sides acknowledge a lack of progress, with the EU warning of potential retaliatory tariffs on US products if Trump’s tariffs are implemented on June 1.

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