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 $30,000 Gold Case Just Got Stronger | Simon Marcotte

Why Silver’s Move Is ‘Scary’ to Some Miners | Frank Basa

Are Commodities Entering a Generational Cycle? | Terry Lynch

Recommended

CBS News Cuts Staff and Shuts Radio Network in Early Bari Weiss Era

Steadright Closes Out Financing, Raising $1.6 Million For Moroccan Strategy

Related News

Reports Say White House Is Retreating on Tariff Plan

The White House is rolling back its sweeping tariffs set to take effect on April...

Tuesday, March 25, 2025, 04:26:00 PM

Jaguar Land Rover Halts US Shipments Following Trump’s 25% Auto Tariff

Jaguar Land Rover has suspended all vehicle shipments to the United States for the month...

Monday, April 7, 2025, 12:14:00 PM

Trump’s Tariffs Drive Canadian Sentiment Toward US to Historic Low

Canadian attitudes toward the US have plummeted to historic lows following the implementation of tariffs...

Thursday, March 6, 2025, 04:21:00 PM

Did Trump ‘Overplay His Hand’ In Tariff-Driven Trade Deals?

President Donald Trump’s tariff-heavy trade strategy is encountering significant resistance as countries worldwide adopt China’s...

Thursday, May 22, 2025, 04:34:00 PM

China Confident in Economic Resilience Despite US Tariff Pressure

Chinese officials dismissed concerns about US tariffs this week, asserting they have ample tools to...

Saturday, May 3, 2025, 09:31:00 AM