Trump: Agreed to give Von Der Leyen until July 4 to fulfill trade agreement


Trump:

  • Had a great call with the president of European commission Von Der Leyen
  • says that Europe and US are completely united that Iran can never have a nuclear weapon.
  • Agreed to give EU until July 4 to fulffill trade agreements or unfortunately there tariffs would immediately jump to much higher levels

Recall, on May 1, 2026, President Trump announced he was raising tariffs on cars and trucks from the European Union to 25%, claiming the bloc had failed to fully comply with a trade agreement negotiated with the US.

Trump made the announcement via Truth Social, stating: “Based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I will be increasing Tariffs charged to the European Union for Cars and Trucks coming into the United States.” The White House said the changes would be made under Section 232.

The EU rejected the claim that it was not in compliance, with a European Commission spokesperson saying the bloc remains “fully committed to a predictable, mutually beneficial transatlantic relationship.” For context, the prior trade agreement — known as the Turnberry Agreement — had set a tariff ceiling of 15% on most EU goods, though a Supreme Court ruling earlier this year had complicated the tariff framework.

Brokers

Massive number of currency pairs. Low withdrawal fee. High-quality charting.

T&Cs Apply

New accounts only. 

PU Prime is an approved broker member of the Hong Kong-based Financial Commission, which provides every PU Prime trader with a €20,000 compensation fund. The Financial Commission is an unbiased third-party mediation platform, adjudicating any disputes arising between approved broker members and their clients.

XAUUSD Telegram → MT5 Copier Bot
5.0/5
XAUUSD Telegram → MT5 Copier Bot

Price: USD 49.99

Dark Moon
5.0/5

FREE!

Scalper Deriv
5.0/5
MT5
Scalper Deriv

Price: 350 USD

Eurostable AE
5.0/5
MT4
Eurostable AE
Price: 229 USD