Trade

Trump sets 4 July as deadline for EU to comply with trade deal or he will increase tariffs

The US President warns that without European compliance by the 250th anniversary of the United States, tariffs will rise above the expected 15 per cent, after negotiations are still ongoing.

7 May 2026

La stretta di mano tra Ursula von der Leyen e Donald Trump a Turnberry, in Scozia, nel luglio del 2025 REUTERS

1' min read

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Von der Leyen: good progress towards tariffs reduction

1' min read

Translated by AI

Versione italiana

Donald Trump gives the European Union until the United States '250th birthday' to comply with the initialled trade agreement: if it does not do so by 4 July, tariffs will 'immediately spike to much higher levels'.

This was stated by the president on his social Truth after a telephone conversation with the president of the European Commission Ursula von der Leyen.

Trump to EU, until 4 July to comply with trade deal or tariffs go up (2)

"I had a very good telephone conversation with the President of the European Commission, Ursula von der Leyen. We discussed many topics, including confirming our total unity in the belief that Iran should never possess a nuclear weapon," Trump reported.

"Apatiently waiting for the EU to honour its part of the historic trade agreement that we signed in Turnberry, Scotland: the biggest trade agreement ever," the president added, stressing that the EU had promised to fulfil its obligations and, in accordance with the agreement, would have to zero its tariffs.

"I agreed to give them time until the 250th anniversary of our country's founding. Otherwise, unfortunately, their tariffs would immediately skyrocket to much higher levels," Trump highlighted.

Dazi, Von der Leyen: "Accordo Ue-Usa crea certezza in tempi incerti"

Von der Leyen: good progress towards tariffs reduction

EU Commission President Ursula von der Leyen has announced that she had an 'excellent' telephone conversation with US President Donald Trump, in which both Iran and tariffs were discussed.

"We discussed the trade agreement between the EU and the US. Both sides remain fully committed to its implementation," von der Leyen explained, assuring: "Good progress is being made towards tariff reductions by early July.