World Leaders Conspire to Form Trade Org Without US As Trump Keeps Threatening Countries With Tariffs

As President Donald Trump threatens steep tariffs, EU leaders are quietly building a trade alliance with Indo-Pacific countries that might leave the U.S. on the outside. (Credit: AFP / Ed JONES)

As President Donald Trump threatens to hit European imports with tariffs as high as 50%, world leaders are quietly working to form a new global trade order that excludes the U.S.

With a July 9 deadline looming for a new EU-U.S. deal, Trump has warned that punitive tariffs will return if the bloc doesn't agree to his terms.