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BumRushDaShow

(172,302 posts)
Thu May 7, 2026, 04:42 PM May 7

Trump says giving EU until July 4 to fulfill trade deal or will raise tariffs

Source: Reuters

May 7, 2026 3:14 PM EDT Updated 52 mins ago


WASHINGTON, May 7 (Reuters) - U.S. President Donald Trump said he had a "great call" ​with European Commission President Ursula von der ‌Leyen on Thursday and would give the EU until July 4 to fulfill its side of the trade deal ​before hiking U.S. tariffs to much higher levels.

"I’ve ​been waiting patiently for the EU to ⁠fulfill their side of the Historic Trade ​Deal we agreed in Turnberry, Scotland, the largest ​Trade Deal, ever!" Trump said in a post on Truth Social.

"A promise was made that the EU would ​deliver their side of the Deal and, ​as per Agreement, cut their Tariffs to ZERO! I agreed ‌to ⁠give her until our Country’s 250th Birthday or, unfortunately, their Tariffs would immediately jump to much higher levels."

Trump on Friday had threatened to ​increase tariffs ​on EU ⁠cars and trucks to 25% this week, from 15% currently, because the ​EU was not complying with the terms ​of ⁠a deal struck in Scotland last July.

Read more: https://www.reuters.com/world/trump-says-giving-eu-until-july-4-fulfill-trade-deal-or-will-raise-tariffs-2026-05-07/

34 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Trump says giving EU until July 4 to fulfill trade deal or will raise tariffs (Original Post) BumRushDaShow May 7 OP
Again................... Lovie777 May 7 #1
What a fucking asshole. Scrivener7 May 7 #2
And maroon...n/t the nelm May 7 #19
And ignoranimus! Scrivener7 May 7 #21
And gangster. Justice matters. May 7 #27
And a thief. travelingthrulife May 8 #30
Don't be so generous HarryM May 9 #34
Are any Senate Republicans listening to this sick old fuck? displacedvermoter May 7 #3
Many get paid by Putin to keep his apprentice destroying the US. Justice matters. May 7 #28
Trump charges/changes tariffs capriciously, most often with revenge/coercion, not based on economics. Norrrm May 7 #4
He's petulant petty child with power underpants May 7 #10
I often think these Republicans popsdenver May 7 #14
If only...n/t the nelm May 7 #20
only the room is also filled with the rest of us. quakerboy May 7 #25
Most children LEARN. Trump NEVER learns anything Attilatheblond May 7 #23
zzzzzzzzzzzzzzzzzzzz Skittles May 7 #5
Bet Ursula put her phone on mute and did other work until shitstain stopped talking dave99 May 7 #6
Give the bully your lunch money just this one last time.. Permanut May 7 #7
What Supreme Court decision? Buddyzbuddy May 7 #8
So is he ignoring/defying SCOTUS here or clinging to the BS Rule 122 opinion of his DOJ? underpants May 7 #9
The Trade Court just ruled against use of Section 122 BumRushDaShow May 7 #12
💣 underpants May 7 #15
I'll join you BumRushDaShow May 7 #16
considering a federal court just blocked his new tariffs moonshinegnomie May 7 #11
Is he suffering from Alzheimer's? Baitball Blogger May 7 #13
Happy July 4th America BigmanPigman May 7 #17
And doesn't he rrealze that We John a citizen pay the tarrffs , and not the opposing country? AllaN01Bear May 7 #18
Pedo doesn't care about We John a citizen. Justice matters. May 7 #29
Not sure... SirReal69 May 7 #22
Maybe he thinks news does not travel to other nations Attilatheblond May 7 #24
The American economy is the character in a zombie movie who has been bitten RockRaven May 7 #26
Bully boy Donald brings out the tariff whip. Aussie105 May 8 #31
No one wants to deal with Dementia Donnie, he's back to the tariff BS to distract. Historic NY May 8 #32
the EU is moving on. this threat is hollow at best. nt Javaman May 8 #33

Norrrm

(5,597 posts)
4. Trump charges/changes tariffs capriciously, most often with revenge/coercion, not based on economics.
Thu May 7, 2026, 04:47 PM
May 7

Trump charges/changes tariffs capriciously, most often with revenge/coercion, not based on economics.

He calls these ever-increasing taxes on Americans - "revenue".

underpants

(197,191 posts)
10. He's petulant petty child with power
Thu May 7, 2026, 06:01 PM
May 7

Last edited Fri May 8, 2026, 07:00 AM - Edit history (1)

German Chancellor Merz makes one statement pointing out that Trump has completely screwed up with the Iran mess and *poof* Trump punishes him m withdrawing 5,000 troops.

popsdenver

(2,628 posts)
14. I often think these Republicans
Thu May 7, 2026, 08:28 PM
May 7

are much like.............If you put basketfuls of hand grenades in a room, with a bunch of monkeys, and locked the door.......

dave99

(272 posts)
6. Bet Ursula put her phone on mute and did other work until shitstain stopped talking
Thu May 7, 2026, 04:52 PM
May 7
Tariffs ARE illegal, as per the Racist Supreme Court of the United States.
So much for raising non-existent tariffs.

Permanut

(8,576 posts)
7. Give the bully your lunch money just this one last time..
Thu May 7, 2026, 05:04 PM
May 7

And he promises he will not do it again.

underpants

(197,191 posts)
9. So is he ignoring/defying SCOTUS here or clinging to the BS Rule 122 opinion of his DOJ?
Thu May 7, 2026, 05:31 PM
May 7

In a 6-3 ruling on February 20, 2026, the U.S. Supreme Court struck down many of Donald Trump's trade tariffs, holding that the 1977 International Emergency Economic Powers Act (IEEPA) did not authorize the president to impose tariffs. The Court ruled this was executive overreach, stating that the constitutional power to regulate commerce lies with Congress.

Administration Response: Following the ruling, the administration pivoted to alternate legal justifications, including imposing new tariffs under Section 122 of the Trade Act of 1974.
—-

Section 122 of the Trade Act of 1974 empowers the U.S. President to impose temporary, 150-day import restrictions—such as up to 15% tariffs or quotas—to address urgent balance-of-payments deficits, severe dollar depreciation, or international payments instability. Recently, it was invoked in February 2026 to apply 10% tariffs, following judicial limitations on alternative trade authorities.

——

Even the Cato Institute calls BS on Rule 122 saying it’s an anachronism

APRIL 14, 2026 1:57PM
Section 122 Is an Anachronism, Not a License for New Tariffs


The administration’s latest tariff move does not just rest on bad policy. It rests on a concept that no longer fits the world we live in. That is why I joined the economists’ amicus brief challenging the administration’s use of Section 122 in the US Court of International Trade, which can be found here. The core problem is simple: Section 122 was written for a monetary order that has passed. The administration is trying to revive it as if nothing important has changed in the international monetary system since the early 1970s.

https://www.cato.org/blog/section-122-anachronism-not-license-new-tariffs






RockRaven

(19,755 posts)
26. The American economy is the character in a zombie movie who has been bitten
Thu May 7, 2026, 11:13 PM
May 7

and is in denial of the fact that they are doomed/already dead.

Aussie105

(8,183 posts)
31. Bully boy Donald brings out the tariff whip.
Fri May 8, 2026, 05:35 AM
May 8

European markets will just look elsewhere for more reliable trading partners.

Historic NY

(40,135 posts)
32. No one wants to deal with Dementia Donnie, he's back to the tariff BS to distract.
Fri May 8, 2026, 07:08 AM
May 8

from Epstein and the Fabulous Fuckup in the Straits of Hormuz

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