EU US trade deal, Trump Greenland, tariff threats, European Parliament, Turnberry Deal, Ursula von der Leyen, Bernd Lange, transatlantic trade, Greenland sovereignty, EU tariffs
Tag: EU tariffs
President Donald Trump has delayed his proposed 50% tariffs on EU imports until July 9, 2025, following a call with European Commission President Ursula von der Leyen on May 25, 2025. The extension aims to allow more time for trade negotiations, with von der Leyen emphasizing the EU’s readiness to engage “swiftly and decisively.”
US President Donald Trump, after meeting Italian Prime Minister Giorgia Meloni, confidently predicted a US-Europe trade deal, dismissing negotiation challenges despite planned 25% tariffs on EU steel, aluminum, and cars. Meloni echoed Trump’s rhetoric, aiming to “make the West great again.”
The EU plans to impose tariffs of up to 25 percent on US goods like soybeans and motorcycles in response to American levies on metals, but has excluded bourbon to protect European wine and spirits from President Trump’s threatened 200-percent retaliatory duties, according to a document obtained by AFP.
The US has imposed a new 10% tariff on imports from nearly every country starting April 5, 2025, with steeper rates—up to 54%—hitting nations like China by April 9. President Trump calls it a fix for the trade deficit, but as markets lose trillions and China retaliates, critics warn of a 1930s-style trade crisis.
Greece is closely watching potential U.S. tariffs on the European Union, fearing secondary economic impacts, particularly on tourism. While Greek exports to the U.S. are relatively small, officials worry that a trade war could reduce European consumer spending and harm Greece’s vital tourism sector. With rising competition for Greek goods, the government is focusing on boosting investment and exploring new markets.
