Trump Gives EU Until July 4 to Ink Deal, Extending Deadline

Shipping containers at the Greenland Terminal in the port at Brevik, Norway.

Photographer: Krisztian Bocsi/Bloomberg

President Donald Trump said he would give the European Union until July 4 to ratify its trade agreement with the US, after previously threatening to hike tariffs on auto imports as soon as this week if it failed to do so.

Trump said Thursday he set the new deadline after speaking with European Commission President Ursula von der Leyen. He threatened to hike duties on the bloc’s goods if it didn’t finalize the pact by summer.