{"id":126926,"date":"2026-05-08T22:41:30","date_gmt":"2026-05-08T18:41:30","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=126926"},"modified":"2026-05-08T22:42:45","modified_gmt":"2026-05-08T18:42:45","slug":"trump-sets-july-4-ultimatum-on-eu-tariff-deal","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/trump-sets-july-4-ultimatum-on-eu-tariff-deal\/05\/08\/market-updates\/","title":{"rendered":"Trump Sets July 4 Ultimatum on EU Tariff Deal"},"content":{"rendered":"<br \/><br \/>U.S. President Donald Trump has issued a July 4 deadline for the European Union to finalize a long\u2011negotiated tariff agreement, warning that failure to act will trigger steep new levies on European imports.  <br \/><br \/><br \/>Trump emphasized that the EU must honor commitments made during last year\u2019s trade talks, including reducing tariffs to zero on certain goods. He described the pact as the \u201clargest Trade Deal, ever,\u201d and signaled that patience is running out if the bloc does not deliver on its promises.  <br \/><br \/><br \/>EU leaders responded by reaffirming their commitment to the agreement, noting that progress is underway to reduce tariffs by early July. The deal would cap duties on many European imports at 15% while eliminating tariffs on selected U.S. industrial products.  <br \/><br \/><br \/>The standoff marks the second time in recent weeks that Trump has escalated pressure on Brussels. Earlier this month, he threatened a 25% tariff on EU cars and trucks, though no formal documentation has been issued. European officials criticized the move as \u201cunacceptable\u201d but maintained that ratification of the pact is on track.  <br \/><br \/><br \/>Talks between EU and U.S. trade representatives have continued at high\u2011level meetings, with both sides acknowledging the importance of having the agreement in place before its one\u2011year anniversary. The European Parliament has already approved key provisions, but final ratification requires coordination with individual member governments. Negotiations are ongoing, with another round scheduled later in May.  <br \/><br \/><br \/>EU officials insist they remain determined to advance the agreement, highlighting its potential benefits for businesses and citizens on both sides of the Atlantic. Still, with Trump\u2019s July 4 ultimatum looming, the pressure to deliver has intensified.","protected":false},"excerpt":{"rendered":"<p>U.S. President Donald Trump has issued a July 4 deadline for the European Union to finalize a long\u2011negotiated tariff agreement, warning that failure to act will trigger steep new levies on European imports. Trump emphasized that the EU must honor commitments made during last year\u2019s trade talks, including reducing tariffs to zero on certain goods. &hellip;<\/p>\n","protected":false},"author":13,"featured_media":126931,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[],"class_list":["post-126926","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=126926"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126926\/revisions"}],"predecessor-version":[{"id":126929,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126926\/revisions\/126929"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/126931"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=126926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=126926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=126926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}