Trump administration and EU officials aim to clinch trade deal– www.washingtonexaminer.com
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Excerpt:
Negotiations are underway between the United States and the European Union over a new trade deal; both sides publicly hope it will end their trade war.
Officials on both sides have expressed confidence that a deal will be reached before the July 9 deadline invoked by President Donald Trump, which will trigger a tariff hike on EU imports to 50%.
Since taking office on Jan. 20 for his second term, Trump has imposed an array of tariffs globally, even on countries and entities — like the EU — widely regarded as allies. Trump has framed tariffs as a tool to lure factories back to America, raise money for the Treasury Department, and strike more favorable trade agreements with other countries.
As for EU tariffs, Trump initially set the deadline for June 1 but agreed to delay it after a conversation with European Commission President Ursula von der Leyen.
The actual progress of the negotiations, however, depends on who you ask.
