On July 1, European Commissioner for Trade and Economic Security, Valdis Dombrovskis (Sefcovic), will embark on a journey to the United States for crucial trade negotiations. Initially, U.S. President Trump had issued a threat to impose a 50% tariff on European Union goods, effective from June 1. However, this deadline was subsequently extended to July 9. The upcoming talks will focus on resolving the ongoing tariff disputes between the two economic powers.