The United States has made a last-minute demand, threatening to impose a 17% tax on European agricultural products.
2025-07-04 16:28:33
On July 5th, according to the Financial Times, three sources said that the United States threatened to impose a 17% tariff on European Union agricultural exports, which has sharply escalated its trade conflict with the European Union. The last-minute request was made by the United States ahead of the July 9 deadline to reach a trade deal. The United States said it would impose a 20% tariff on all European Union goods if a deal is not reached. European Union Trade Commissioner Sefcovic received the request at a meeting in Washington on Thursday and forwarded it to the ambassadors of the 27 member states on Friday. Von der Leyen, president of the European Union Commission, said on Thursday that she wanted an "agreement in principle" that would allow the two sides to continue negotiations before reaching a final agreement. But Washington is pushing for countries to reach a binding agreement by a deadline set by Trump.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
