Home / News / Economy / EU yet to receive U.S. letter demanding best trade negotiation offers

Economy

EU yet to receive U.S. letter demanding best trade negotiation offers

Investing | Tue, Jun 03 2025 09:21 PM AEST

stock

Image Source:Kalkine Media

Investing.com -- The European Union has not received a letter from the United States that demands countries to present their best trade negotiation offers by Wednesday, as reported by Reuters early Tuesday.

The U.S. President Donald Trump’s administration, following a call with European Commission President Ursula von der Leyen, reinstated a deadline of July 9 to allow for ongoing negotiations between Washington and Brussels.

As of now, it remains unclear whether the letter, a draft of which was previously circulated by several media outlets, has been sent to the negotiating partners. The details of the letter and its current status remain undisclosed. The ongoing talks are part of a larger negotiation between the U.S. and the EU, with the aim to resolve trade disputes and establish a mutually beneficial agreement.

This article first appeared in Investing.com

More For You

Economy

Trump unlikely to drive down drug prices substantially: Capital Economics

Investing | Fri, Jun 06 2025 04:17 AM AEST

stock

Investing.com -- President Trump’s aim to slash U.S. prescription dr...

Economy

ECB signals a summer pause after latest rate cut

Investing | Fri, Jun 06 2025 03:45 AM AEST

stock

Investing.com -- The European Central Bank cut interest rates by 25 ba...

Economy

Citadel’s Griffin: cost of U.S. default insurance is "unfathomable"

Investing | Fri, Jun 06 2025 01:35 AM AEST

stock

Investing.com -- Ken Griffin, the founder and CEO of Citadel, on Thurs...