The U.S. and European Union have not yet struck a trade deal. There are just a few days left before the end of a 90-day reprieve on reciprocal tariffs imposed by the U.S. Retaliatory measures from the EU, which have also been paused for now, could then quickly follow. U.S. President Donald Trump attends a press conference at the White House in Washington, D.C., the United States, on June 27, 2025. Hu Yousong | Xinhua News Agency | Getty Images
All eyes are on talks between the U.S. and the European Union, which have yet to strike a trade deal with just days to go before Washington’s tariffs come into full effect.
Should the trading partners fail to reach an agreement by July 9 — when a 90-day reprieve on U.S. President Donald Trump’s so-called reciprocal