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Trump delays 50% tariffs on EU to July 9

No.1408042 View ViewReplyOriginalReport
https://www.cnbc.com/2025/05/25/trump-50percent-tariffs-eu-july-9.html

President Donald Trump said Sunday that he agreed to an extension on the 50% tariff deadline on the European Union until July 9.

“I received a call today from Ursula von der Leyen, President of the European Commission, requesting an extension on the June 1st deadline on the 50% Tariff with respect to Trade and the European Union,” Trump wrote on Truth Social.

“I agreed to the extension — July 9, 2025 — It was my privilege to do so,” he added.

Trump’s post came after Von der Leyen said that she had a “good call” with Trump, but needed until July 9 to “reach a good deal.”

“The EU and US share the world’s most consequential and close trade relationship,” she wrote on X.

“Europe is ready to advance talks swiftly and decisively,” she continued.