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EU seeks to extend US trade talks beyond Trump's July deadline

11 June 2025 15:05

The European Union is bracing for the possibility that trade negotiations with the United States may extend beyond President Donald Trump’s self-imposed July 9 deadline, despite an uptick in the pace of talks in recent days.

According to sources familiar with the matter, the EU sees an agreement on the principles of a potential deal by July 9 as an optimistic scenario. Even if achieved, it would only mark the beginning of more detailed negotiations to follow. Washington is expected to respond shortly to the EU’s latest proposals, which may offer greater clarity on the path ahead, Caliber.Az writes via Bloomberg.

Although negotiators are operating in what sources described as a “positive environment,” talks remain difficult. European officials believe the Trump administration is pushing for one-sided concessions, raising concerns that any final agreement may heavily favor U.S. interests.

In anticipation of such an outcome, the European Commission is intensifying preparations for retaliatory actions. These potential measures could go beyond tariffs, targeting U.S. strategic dependencies on the EU. The Commission is expected to consult with member states to identify pressure points across key sectors.

Brussels is also advancing regulatory simplifications in an effort to address U.S. complaints about non-tariff barriers. However, EU officials have made clear that any American demands infringing on the bloc’s autonomy in regulatory or taxation matters will be firmly rejected.

Meanwhile, the EU is keeping its countermeasure arsenal active. A €21 billion package of tariffs on U.S. goods—approved in response to Trump’s earlier metal duties—is ready for swift implementation. The tariffs focus on politically sensitive exports such as soybeans from Louisiana, home to Republican House Speaker Mike Johnson, along with poultry, motorcycles, and other agricultural products.

A second and significantly broader list of proposed duties, covering up to €95 billion in American goods, is also in the pipeline. This round would respond to Trump’s proposed “reciprocal” tariffs and auto-related duties, and could impact iconic U.S. exports like Boeing aircraft, American-made vehicles, and Kentucky bourbon.

By Khagan Isayev

Caliber.Az
Views: 175

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