Friday, September 12, 2025

Latest

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

Avino Q2 Earnings: Steady As She Goes

MEG Energy: Cenovus Comes In With $7.9 BILLION Offer

Orla Mining Q2 Earnings: Musselwhite Changes Everything

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Decoding the White House’s Tariff Exceptions

A newly released White House directive has triggered fresh scrutiny of the US tariff landscape,...

Thursday, April 3, 2025, 10:37:00 AM

Trudeau Is Answering Trump’s Reciprocal Tariffs With Own Reciprocal Tariffs

Prime Minister Justin Trudeau announced sweeping 25% retaliatory tariffs on $155 billion worth of American...

Tuesday, March 4, 2025, 10:10:00 AM

John Deere Announces Mass Layoffs as Trump Tariffs Hit Agricultural Equipment Industry

Agricultural equipment manufacturer John Deere (NYSE: DE) announced layoffs affecting more than 200 workers across...

Friday, August 22, 2025, 08:39:55 AM

Canada Is Nearly Last In Growth Among OECD Countries

Canada ranks near the bottom of OECD countries in real GDP per capita growth from...

Sunday, April 27, 2025, 07:47:00 AM

Trump Mulls Automotive Sector Relief from Certain Tariffs

The White House has signaled that President Donald Trump is open to providing the automotive...

Thursday, April 24, 2025, 11:20:00 AM