Trump sets deadline for EU tariff hike decision by July 4

President Donald Trump has given the European Union until July 4 to comply with a proposed trade deal, threatening to raise tariffs if they fail to do so. Following a “great call” with European Commission President Ursula von der Leyen, Trump emphasized the importance of the EU fulfilling its commitments, particularly regarding tariff reductions. He indicated that tariffs on EU cars and trucks could rise from 15 percent to 25 percent amid ongoing compliance issues.

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