EU aims to push trade talks past Trump’s deadline. 50% tariffs on $434B in exports loom. EU bureaucracy slows negotiations.

The European Union aims to push trade talks past Trump’s July 9 deadline, knowing that a full agreement is unlikely within the timeframe. Officials are working to slow negotiations rather than rushing to meet Washington’s demands. The process is already bogged down by layers of bureaucracy, making any quick resolution nearly impossible. EU trade deals …

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