US President Donald Trump has given the European Union until July 4, 2026, to honour its Turnberry trade deal commitments or face sharply higher tariffs. The warning came after a phone call with European Commission President Ursula von der Leyen. A 25% tariff on European vehicles is among the threatened measures. EU trade negotiators say progress is being made, with key talks scheduled for May 12 & May 19, though divisions among member states remain a significant obstacle.