EU makes headway towards ratifying US trade deal, under pressure from Trump

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EU makes headway towards ratifying US trade deal, under pressure from Trump

Business

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BUSINESS

BUSINESS © FRANCE 24

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Business

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After marathon five-hour talks, representatives from the EU Parliament and the EU Council agreed on Wednesday to go ahead and ratify the trade pact found with the US in July 2025. US President Donald Trump had threatened to increase tariffs on EU autos to 25 percent if the deal wasn’t implemented by July 4. Also in this edition, talks between Samsung and its workers went down to the wire ahead of a scheduled 18-day strike on Thursday.

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