France’s finance minister has called for more time to secure a trade deal between the European Union and the United States as the 90-day deadline imposed by the Trump administration ends next week.
On April 2, President Donald Trump instituted sweeping new tariff policies on U.S. trade partners, including reciprocal tariffs on nations deemed to have trade barriers against U.S. goods. For the EU, the reciprocal tariff was set at 20 percent. On April 9, Trump announced that he was pausing reciprocal tariffs for a period of 90 days, which is scheduled to end on July 9.