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  • After reprieve, EU still in fix to find trade deal to satisfy Trump

    05/26/2025 12:01:07 PM PDT · by E. Pluribus Unum · 2 replies
    Reuters ^ | May 26, 2025 2:51 PM UTC | Philip Blenkinsop
    Summary EU seeks mutually beneficial trade deal with Washington U.S. demands unilateral concessions to cut goods trade deficit EU Commission says leaders' call has given new impetus to talksBRUSSELS, May 26 (Reuters) - The European Union may have won a reprieve from U.S. President Donald Trump's threatened 50% tariffs, but it remains unclear how the bloc will square its push for a mutually beneficial trade deal with Washington's demands for steep concessions. Trump backed away from imposing the levies on EU imports from June 1 after a call with European Commission President Ursula von der Leyen, restoring a July...