Trump Prepares to Implement Significant Tariff Increases on Europe and Trading Partners

TL;DR Summary
The US and EU are nearing a critical deadline for trade negotiations, with tariffs potentially up to 50% on EU goods entering the US if no deal is reached by July 9, amid slow negotiations and uncertain prospects for a comprehensive agreement.
- Trump's tariffs deadline is looming for Europe. Here's where things stand CNBC
- White House to Start Notifying Countries About Tariffs, Trump Says The New York Times
- Trump says he is about to raise tariffs as high as 70% on some countries CNN
- Trump says US to start sending tariff rates letters to trading partners The Guardian
- Trump eyes simple tariff rates over complex talks, says letters going out Friday Reuters
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