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Trump says he'll delay a threatened 50% tariff on EU until July
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....rump says he'll delay a threatened 50% tariff on EU until July<BR>Customs & Trade<BR>Dated:- 26-5-2025<BR>PTI<BR>Washington, May 26 (AP) President Donald Trump has said that the US will delay implementation of a 50 per cent tariff on goods from the European Union from June 1 until July 9 to buy time for negotiations with the bloc. That agreement came after a call on Sunday with Ursula von der Ley....
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....en, the president of the European Commission, who had told Trump that she “wants to get down to serious negotiations,” according to the US president's retelling. “I told anybody that would listen, they have to do that,” Trump told reporters on Sunday in Morristown, New Jersey, as he prepared to return to Washington. Von der Leyen, Trump said, vowed to “rapidly get together and see if we....
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.... can work something out.” In a social media post Friday, Trump had threatened to impose the 50 per cent tariff on EU goods, complaining that the 27-member bloc had been “very difficult to deal with” on trade and that negotiations were “going nowhere.” Those tariffs would have kicked in starting June 1. But the call with von der Leyen appeared to smooth over tensions, at least for now. ....
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.... “I agreed to the extension — July 9, 2025 — It was my privilege to do so,” Trump said on Truth Social shortly after he spoke with reporters on Sunday evening. For her part, von der Leyen said the EU and the US “share the world's most consequential and close trade relationship.” “Europe is ready to advance talks swiftly and decisively,” she said. “To reach a good deal, we would....
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.... need the time until July 9.” (AP) RHL<BR> News - Press release - PIB....