EU Fails to Finalize US Trade Deal, Risking New Tariffs on Cars
President Donald Trump last week threatened to increase duties on EU cars and trucks.
Photographer: Ina Fassbender/AFP/Getty Images
The European Union failed to finalize a long-delayed US trade deal during overnight talks, despite warnings from President Donald Trump that he would soon impose fresh tariffs.
Negotiators from the European Parliament and EU countries met Wednesday night to discuss potential amendments to the transatlantic deal, which was initially struck in July. But they didn’t make any conclusive decisions, according to Cyprus, which holds the EU’s rotating presidency.