EU hopes for Trump tariff deal by July deadline after 'good exchange'

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Open this photo in gallery: Port of Los Angeles in San Pedro, California, May, 2025. The clock is ticking down on a deadline for countries around the world to conclude deals with the U.S.Mike Blake/Reuters The European Union still aims to reach a trade deal with the United States by July 9 after Commission President Ursula von der Leyen and U.S. President Donald Trump had a "good exchange", a Commission spokesperson said on Monday. It was not immediately clear, however, whether there had been a meaningful breakthrough in talks to stave off the imposition of sweeping tariff hikes on the…