EU need for July 9 for trade talks, the chief says

The EU leader said he was ready to move “fast” to agree to the united states’ trade agreement, but says the block requires a “good deal” by 9 July.

Ursula von der Leyen, President of the European Commission that she had a “good call” with US President Donald Trump on Sunday – two days after he expressed disappointment with the EU talks and threatened to impose 50% of tariffs.

Last month, Trump announced a 20% tariff for most EU goods, but later twice declined to 10% by July 8 to allow the time to negotiate.

Von der Leyen said that Europe was “ready to promote the talks rapidly and decisively” and “to achieve a good deal, we will take time by July 9”.

In a statement at the White House on Friday, the day before the talks with the Trump block said he plans to raise tariffs for all goods sent to the US from the EU to 50% to 1 June, citing the negotiations.

Later, on Friday, EU Trade Chapter Moros Shefchovich confirmed the bloc’s commitment to ensuring a fair deal.

Following the call with the US trade representative Jamisan Grira and the secretary of the Howard Lutnik trade, he said: “The EU is fully busy, is obliged to provide a deal that works for both.”

He continued: “The EU’s trade has no equal and should be guided by mutual respect, not threats. We are ready to defend our interests.”

Trump has long criticized that he perceived as unfair trade relations with the EU, despite the fact that the block was one of the largest trading partners in Washington. Last year, the EU exported more than 600 billion dollars (528 billion euros; £ 443 billion) to the US goods, at $ 370 billion, according to the US Government.

The President has specifically expressed concern in the field of cars and agricultural goods. Despite the fact that some tariffs were stopped earlier this year to allow negotiations, 25% of the steel and aluminum collection remains on the spot.

European leaders continue to warn from escalation. France and Germany called for a diplomatic solution, emphasizing that tariffs to the detriment of both economics.

The EU threatened – and paused – its own measures against the US.

It states that it will introduce a 25% tariff for 18 billion euros ($ 20 billion; £ 15 billion) US goods entering Europe, but it has been stopped.

Currently, BLOC is conducting an additional US import measures in the US, estimated at EUR 95 billion.