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Trump Delays EU Tariff Hike to July for Trade Talks

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Trump extends 50% EU tariff deadline to July 9, citing renewed trade talks with European Commission President von der Leyen.

In a move that may ease mounting trade tensions, U.S. President Donald Trump announced a delay in imposing a 50% tariff on European Union goods. Originally set to take effect on June 1, the tariff deadline has been pushed to July 9, 2025, to allow additional time for negotiations with EU leadership.

The announcement followed a Sunday phone call between Trump and European Commission President Ursula von der Leyen, during which both sides expressed willingness to return to the negotiating table.

Trump Cites Hope for Progress After Call with EU Chief

Speaking to reporters in Morristown, New Jersey, Trump said von der Leyen indicated a strong desire to engage in “serious negotiations.”

“I told anybody that would listen, they have to do that,” Trump remarked, adding that von der Leyen promised to “rapidly get together” to explore a path forward.

The tone marked a shift from Trump’s earlier position. Just two days prior, he had accused the EU of being “very difficult to deal with” and warned that talks were “going nowhere.”

A Temporary Truce Amid Lingering Trade Tensions

The delay comes as a relief to industries and international markets bracing for the fallout from a steep tariff. Trump confirmed the new deadline in a Truth Social post, calling it a “privilege” to extend the timeline.

Von der Leyen responded with optimism, reaffirming the importance of transatlantic trade ties. “Europe is ready to advance talks swiftly and decisively,” she stated, underlining the EU’s commitment to reaching a mutually beneficial deal before the July 9 deadline.

Stay tuned to Maple News Wire for the latest updates on global trade developments.

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