Trump sets July 4 deadline for EU trade deal as US-UK framework pressures bloc

Following the US-UK Economic Prosperity Deal and a phone call between President Trump and European Commission President Ursula von der Leyen on May 7, 2026, Trump set a July 4, 2026 deadline for the European Union to implement a competing trade agreement or face significantly higher tariffs. Trump accused the EU of failing to comply with the terms of an earlier deal negotiated at Trump's Turnberry golf course in Scotland in July 2025, and threatened to raise tariffs on EU cars and trucks to 25%. Von der Leyen acknowledged the deadline and expressed confidence that the EU Parliament would pass implementing legislation before July 4.