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Reading: Trump says he’ll delay a threatened 50% tariff on the European Union till July
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Trump says he’ll delay a threatened 50% tariff on the European Union till July
The Tycoon Herald > World > Trump says he’ll delay a threatened 50% tariff on the European Union till July
World

Trump says he’ll delay a threatened 50% tariff on the European Union till July

Tycoon Herald
By Tycoon Herald 2 Min Read
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President Donald Trump speaks to reporters earlier than boarding Air Power One at Morristown Municipal Airport in Morristown, N.J., on Could 25, 2025.

Manuel Balce Ceneta/AP


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Manuel Balce Ceneta/AP

WASHINGTON — President Donald Trump mentioned Sunday that the U.S. will delay implementation of a 50% tariff on items from the European Union from June 1 till July 9 to purchase time for negotiations with the bloc.

That settlement got here after a name Sunday with Ursula von der Leyen, the president of the European Fee, who had advised Trump that she “wants to get down to serious negotiations,” in keeping with the U.S. president’s retelling.

“I told anybody that would listen, they have to do that,” Trump advised reporters on Sunday in Morristown, New Jersey, as he ready to return to Washington. Von der Leyen, Trump mentioned, vowed to “rapidly get together and see if we can work something out.”

In a social media submit Friday, Trump had threatened to impose the 50% tariff on EU items, complaining that the 27-member bloc had been “very difficult to deal with” on commerce and that negotiations had been “going nowhere.” These tariffs would have kicked in beginning June 1.

President Trump announces a trade agreement with the United Kingdom on May 8, 2025 as Commerce Secretary Howard Lutnick, Vice President Vance, British Ambassador Peter Mandelson and U.S. Trade Representative Jamieson Greer look on.

However the name with von der Leyen appeared to clean over tensions, a minimum of for now.

“I agreed to the extension — July 9, 2025 — It was my privilege to do so,” Trump mentioned on Fact Social shortly after he spoke with reporters on Sunday night.

For her half, von der Leyen mentioned the EU and the U.S. “share the world’s most consequential and close trade relationship.”

“Europe is ready to advance talks swiftly and decisively,” she mentioned. “To reach a good deal, we would need the time until July 9.”

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