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The EU and the USA are conducting trade negotiations against the background of the approaching deadline

July, 07 2025
watermark Economic news

The European Commission and the administration of Donald Trump continue active negotiations with a view to concluding a trade agreement before July 9, the deadline set by Washington. This was reported by representatives of the EU.


According to a spokesperson for the European Commission, a «constructive exchange of views» took place last Sunday between European Commission President Ursula von der Leyen and US President Donald Trump. 


The representative stressed that Brussels is still striving for an agreement that will help avoid the introduction of new duties: «We stand for a mutually beneficial outcome, not for solutions that harm both sides.» 


According to the position of the Trump administration, trading partners who have not reached an agreement before July 9 will receive official notifications on the introduction of new tariffs from August 1.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.