Donald Trump says he’ll delay the imposition of fifty% tariffs on items coming into the US from the EU till July, as the 2 sides try to barter a commerce deal.
It comes after the president of the European Fee, Ursula von der Leyen, mentioned in a put up on social media website X that she had spoken to Mr Trump and expressed that they wanted till 9 July to “attain an excellent deal”.
The US president had final Friday threatened to bring in the 50% tariffs from 1 June, as European leaders said they were ready to respond with their very own measures.
However Mr Trump has now mentioned that date has been put again to 9 July to permit extra time for negotiations with the 27-member bloc, with the telephone name showing to easy over tensions for now no less than.
Talking on Sunday earlier than boarding Air Power One for Washington DC, Mr Trump advised reporters that he had spoken to Ms Von der Leyen and she or he “desires to get all the way down to severe negotiations” and she or he vowed to “quickly get collectively and see if we will work one thing out”.
President Trump speaks to the media earlier than boarding Air Power One as he departs for Washington DC. Pic: Reuters
‘We had a really good name’
The US president, in feedback on his Reality Social platform, had reignited fears final Friday of a commerce warfare between the 2 powers when he mentioned talks have been “going nowhere” and the bloc was “very troublesome to cope with”.
Mr Trump advised the media in Morristown, New Jersey, on Sunday that Ms Von der Leyen “simply known as me… and she or he requested for an extension within the June 1st date. And he or she mentioned she desires to get all the way down to severe negotiation”.
“We had a really good name and I agreed to maneuver it. I consider July ninth could be the date. That was the date she requested. She mentioned we are going to quickly get collectively and see if we will work one thing out,” the US president added.
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Shortly after, he wrote on Reality Social: “I agreed to the extension – July 9, 2025 – It was my privilege to take action.”
On his so-called “liberation day” last month, Mr Trump unleashed tariffs on a lot of America’s commerce companions. However since then he is backed down in a spiralling tit-for-tat tariff face-off with China, and struck a deal with the UK.
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A lot of his most incendiary rhetoric on commerce has been directed at Brussels, although, even going so far as to say the EU was created to tear the US off.
Responding to his 50% tariff risk, EU commerce chief Maros Sefcovic mentioned: “EU-US commerce is unmatched and should be guided by mutual respect, not threats.
“We stand able to defend our pursuits.”
