Earlier this week, President Trump threatened European car makers with 25% tariffs before walking it back later in the week.

July 4 ultimatum: Trump has set Independence Day as the deadline for EU to finalise the 2025 trade deal or face higher tariffs on goods, possibly including cars. Legal setback: A February US Supreme ...

A member of European Commission, left, prepares to exchange documents with the Chinese delegation at a signing ceremony after the 5th China-EU High Level Economic and Trade dialogue at the Diaoyutai ...