Tue Jun 17 15:32:31 UTC 2025: Here’s a news article summarizing the provided text, written from an Indian perspective, suitable for a publication like “The Hindu”:

**Trump Digs Heels In on Trade, Threatens EU with Further Tariffs Despite Global Concerns**

**Washington, June 17, 2025:** U.S. President Donald Trump reiterated his hard-line stance on trade negotiations with the European Union, stating that he doesn’t believe the EU is offering a “fair deal.” This comes despite mounting international pressure, particularly from leaders at the recent G7 summit in Canada, to de-escalate the escalating trade war.

Speaking to reporters aboard Air Force One, Trump declared that the EU will either “make a good deal or they’ll just pay whatever we say they will pay.” His remarks underscore his administration’s continued focus on tariffs as a negotiating tactic.

President Trump initially imposed a 10% tariff on most U.S. trading partners, including India, and unveiled higher individual rates on many economies, but then paused the elevated rates. The pause on these higher duties is set to expire on July 9th.

The President’s aggressive trade policies, including sector-specific levies on steel, aluminum, and automobiles, have already significantly impacted global trade flows and drawn criticism from trading partners who view these policies as protectionist. EU Commission chief Ursula von der Leyen, speaking ahead of the G7 summit, urged world leaders to avoid protectionism and maintain fair and open trade.

The G7 summit saw leaders push Trump to reconsider his approach, arguing that the trade war threatens global economic stability. However, his comments suggest a continued willingness to escalate the conflict, potentially jeopardizing established trade relationships and impacting economies worldwide, including India which is still under trade pressure from US government.

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