U.S. and EU Rush to Finalize Trade Deal Before August 7 Tariff Deadline

With a critical tariff deadline looming (August 7), U.S. and EU negotiators are racing to avoid new double-digit tariffs on over $90 billion in trade. A deal modeled on recent U.S.–Japan terms is nearing completion. President Trump is currently in Scotland for talks with UK Prime Minister Keir Starmer and European Commission President Ursula von der Leyen.

Author: Global Ripple

Posted on: July 27, 2025