Filenews 26 June 2025
EU leaders are invited to Brussels today to express their position on the possibility of reaching a trade deal with the United States before the July 9 deadline set by President Donald Trump. The leaders will discuss whether it is preferable to proceed with a fast-track agreement with Washington, possibly accepting more favourable terms for the American side, or whether to opt for an escalation of the trade dispute, hoping for a better negotiating position in the future.
Pressure for a quick deal with the US
According to EU officials and diplomats, several member states are showing increased willingness to reach a compromise agreement with Washington to avoid further escalation of the trade conflict. German Chancellor Friedrich Merz stressed that it was in everyone's interest not to escalate the confrontation, expressing hope that the European Commission's negotiation would lead to an agreement before July.
The EU already faces tariffs of 50 percent on steel and aluminium and 10 percent on most goods, while Trump has warned of a further increase to 50 percent if there is no deal. To date, only the United Kingdom has concluded a trade agreement with the United States, but retains 10 percent of the tariffs.
Ukraine, defense and sanctions against Russia on the agenda of the Summit
The EU Summit, which takes place immediately after the NATO Summit in The Hague, also includes other crucial issues. Leaders will review strengthening Ukraine, prolonging sanctions against Russia and adopting a new package of sanctions, mainly targeting Moscow's energy and banking sectors.
The EU continues its resolute support for Kiev, although Hungary, under Viktor Orbán, remains opposed to military aid and the prospect of Ukraine's accession to the Union. Ukrainian President Volodymyr Zelensky is expected to address the summit via video conference.
Israel, Iran and security in the Middle East
EU leaders are also expected to address tensions in the Middle East, in particular the Israeli-Iranian conflict and the war in Gaza, with a focus on safeguarding international security. European Council President Antonio Costa called for a diplomatic solution to the crisis, stressing that restraint and respect for international law remain priorities for the EU.
Competitiveness and defence in the spotlight
The Summit will conclude with discussions on strengthening Europe's defence capability, increasing the EU's competitiveness and its energy autonomy. The goal, as Antonio Costa said, is "a safer and more autonomous Europe for its citizens".
RES – EIA
