Trump Pats Himself With EU Tariffs Delay

President Donald Trump announced that he has agreed to postpone the threatened 50% tariff on EU—originally set to take effect June 1—until July 9, 2025, following a late-week call with European Commission President Ursula von der Leyen.

The delay “buys time for serious negotiations,” Trump told reporters.

In his recounting of the call, Trump emphasized that von der Leyen “vowed to rapidly get together and see if we can work something out,” a commitment he touted as the catalyst for granting the extension.

“I agreed to the extension—July 9, 2025—it was my privilege to do so,” he added in a Truth Social post, underscoring his insistence that the EU “have to do that” if it wished to avoid punitive measures.

Von der Leyen, in her own social media statement, framed the postponement as a mutual opportunity “to reach a good deal.”

“The EU and US share the world’s most consequential and close trade relationship. Europe is ready to advance talks swiftly and decisively.”


Information for this story was found via The Associated Press and the sources mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

The Monetary System Is Cracking – Gold Is the Pressure Valve | Ross Beaty – Equinox Gold

Heliostar Metals: The Cerro del Gallo PFS

Aura Minerals: Speedrunning The Era Dorada Project

Recommended

When A Shut-Down Mine Starts Making Sense Again | Selkirk Copper

First Majestic Sells Past Producing Del Toro Silver Mine For Up To US$60 Million

Related News

Trump Penalizes India With 25% Tariff For Buying Russian Oil

President Donald Trump will slap a 25% tariff on every Indian good entering the US...

Thursday, July 31, 2025, 12:51:00 PM

Will The New “Fentanyl Czar” Be Enough To Hold Trump Tariffs?

Ottawa has named Kevin Brosseau—once a deputy national security and intelligence adviser to Prime Minister...

Wednesday, February 12, 2025, 11:10:00 AM

Ford Pulls 2025 Outlook as Auto Tariffs Expected to Slash Profits

Ford Motor Company (NYSE: F) has suspended its full-year financial guidance for 2025, projecting that...

Tuesday, May 6, 2025, 12:57:00 PM

Ireland Pushes Canada Trade Deal as Trump Tariffs Loom

Ireland’s government will introduce legislation this week to speed ratification of a comprehensive trade deal...

Tuesday, May 27, 2025, 12:53:00 PM

Canada Opens $700M Loan Program for Lumber Industry Hit by US Tariffs

The Canadian government has opened applications for a $700 million loan guarantee program that helps...

Monday, October 20, 2025, 12:11:00 PM