The European Union expects trade talks with the US to stretch beyond President Donald Trump’s self-imposed July 9 deadline, according to officials cited by Bloomberg. Despite a notable acceleration in discussions over the past week, Brussels does not believe that all key issues can be resolved within Trump’s tight timeline.
The talks are part of broader efforts to avoid sweeping tariffs threatened by the US unless new bilateral trade agreements are reached. Trump has warned that countries not negotiating “in good faith” could lose their temporary exemption from tariffs once the 90-day pause ends in early July.
- EU officials told Bloomberg they are “cautiously optimistic” about progress, but expect technical and legal complexities to push negotiations beyond mid-July.
- The bloc aims to maintain momentum, especially after Trump’s administration expressed willingness to roll deadlines forward for cooperative partners.
- Trade discussions have focused heavily on industrial goods, digital trade, rare earth access, and agricultural standards — areas where the US and EU still diverge.
“We’re working hard, but not at the cost of quality or core EU standards,” one EU diplomat told Bloomberg off-record.
Trump’s aggressive trade stance — including the recently announced 55% tariff rate on Chinese goods — has rattled global supply chains, prompting both US allies and rivals to scramble for deals before penalties take effect.
The EU’s slower, consensus-based negotiation process often contrasts with the Trump administration’s “take-it-or-leave-it” style. Nevertheless, both sides appear committed to avoiding another transatlantic trade clash like the one seen during Trump’s first term.
As negotiations continue behind closed doors, businesses on both sides of the Atlantic are bracing for impact — and watching July 9 with increasing tension.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Related:
Michael Saylor: Bear Market Is Not Coming Back And Bitcoin Is Going To $1 Million
World Bank predicts worst decade for global growth since 60s
US-China Trade Talks Enter Pivotal Day Two in London
Washington Starts to ‘De-Musk’: 5 Stocks Poised to Gain From the Shift
Trump says relationship with Musk is over and threatens him
Elon Musk Empire Under Fire: What Trump’s Revenge Could Mean for Tesla and SpaceX
“You Mean Man Who Lost His Mind?” — Trump Slams Door on Musk
Timeline of Elon Musk and Donald Trump “Break Up”
Why Trump Can’t Just Quit Elon Musk — Even After Their Public Breakup
