Saturday, October 31, 2026

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.

Silver47 Exploration Inc. — sponsored Sponsored · Silver47 Exploration Inc.

“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 Red Cloud Fall Mining Showcase 2026 | Day 1

Can an Old Irish Mine Recover the Silver It Left Behind? | Julian Vickers – Northmin Corporation

Is Gold at $4,000 a Buy Zone or a Breakdown? | David Morgan

Recommended

Mercado Minerals Lengthens El Triunfo Vein by 190 Metres, Readies 1,500-Metre Zamora Drill Program

Blue Jay Gold Signs Ocean Partners Deal to Ship Steller Stockpiles Through 2027

Related News

It’s Gonna Be Huge: Shein, Temu Roll Out Big US Price Hikes as Trump Tariffs Bite

Kitchen towels went up by 377% overnight....
Monday, April 28, 2025, 10:34:00 AM

Trump Tariffs Aftermath: Bailouts May Be Coming But No Pauses

The Trump administration is weighing the possibility of providing a lifeline to American exporters through...

Tuesday, April 8, 2025, 09:44:00 AM

Honda Denies Report on Plans to Shift Canadian Production to the US

Honda Motor‘s Canadian unit has denied a report by Japanese business daily Nikkei that the...

Wednesday, April 16, 2025, 12:51:00 PM

Trump Jacks Up Tariff On Canadian Steel & Aluminum To 50%

President Donald Trump has escalated his trade dispute with Canada by announcing an additional 25%...

Tuesday, March 11, 2025, 10:51:11 AM

US Launches 104% Tariffs As China Indicates It Will Raise Tariffs To 84%

The US has imposed a 104% tariff on Chinese imports, which could be the largest...

Wednesday, April 9, 2025, 09:33:00 AM