Trump delays EU tariffs after call with European Commission President

0
Trump delays EU tariffs after call with European Commission President

President Donald Trump delayed European Union tariffs until July 9. The president posted on Truth Social on the evening of Sunday, May 25 that he would delay imposing a 50% tariff on all imports from the EU to allow more time for trade negotiations.

“I received a call today from Ursula von der Leyen, President of the European Commission, requesting an extension on the June 1st deadline on the 50% Tariff with respect to Trade and the European Union,” Trump said.

Von der Leyen posted earlier in the day on X that she had a “Good call with @POTUS.”

“The EU and U.S. share the world’s most consequential and close trade relationship,” she said. “Europe is ready to advance talks swiftly and decisively. To reach a good deal, we would need the time until July 9.”

On Friday May 23, Trump initially said he would apply a steep tax to European exports starting in just over a week. He warned Apple and other phone manufacturers that their products made outside the United States would face a 25% tariff.

The president previously wrote on Truth Social on May 23 that discussions with the European Union were “going nowhere.”

Ella Rae Greene, Editor In Chief

Leave a Reply

Your email address will not be published. Required fields are marked *