France Seeks Extension for EU-US Trade Negotiations Amid Tariff Threats

France's Finance Minister Eric Lombard has called for an extension of EU-US trade talks beyond the July 9 deadline, emphasizing the need for a quality agreement over a rushed deal. The request follows US President Donald Trump's warning of potential tariff hikes on European goods, including cars and pharmaceuticals, if negotiations fail.

European officials appear increasingly resigned to accepting the 10% reciprocal tariffs imposed by Washington in April as a baseline for any agreement. Lombard hinted at potential energy sector inclusions in a deal, suggesting increased EU imports of US gas could offset reduced Russian supplies.

The negotiations remain shrouded in uncertainty, with EU leaders reviewing a confidential US proposal during recent summit talks. France's push for延期 reflects growing concerns about reaching suboptimal terms under time pressure, as both economic powerhouses navigate complex trade dynamics.