Trump Delays 50% EU Tariffs to July 9 for Negotiations

U.S. President Donald Trump has agreed to delay the implementation of a threatened 50 percent tariff on European Union goods from June 1 to July 9 to allow more time for trade negotiations. This extension followed a phone call with European Commission President Ursula von der Leyen, who expressed a strong commitment to serious and rapid negotiations to reach a trade deal. Trump described the conversation as very positive and said it was his privilege to grant the extension, noting that talks would begin swiftly. Von der Leyen emphasized the close trade relationship between the EU and the U.S. and the need for additional time to finalize a good deal. The original tariff threat had caused market concerns, but the call appeared to ease tensions between the two sides for now. Both leaders signaled readiness to work together to resolve outstanding trade issues.