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Donald Trump says he will postpone 50% tariffs on EU until July | World News

The Owner Press by The Owner Press
May 26, 2025
in Business News
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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, stated in a publish on social media web site X that she had spoken to Mr Trump and expressed that they wanted till 9 July to “attain 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 stated 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 a minimum of.

Talking on Sunday earlier than boarding Air Pressure 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 critical 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 before boarding Air Force One as he departs for Washington DC. Pic: Reuters
Picture:
President Trump speaks to the media earlier than boarding Air Pressure 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 conflict between the 2 powers when he stated talks had been “going nowhere” and the bloc was “very troublesome to take care of”.

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 she or he stated she desires to get all the way down to critical negotiation”.

“We had a really good name and I agreed to maneuver it. I imagine July ninth could be the date. That was the date she requested. She stated 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 lots 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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Following talks with Chinese officials in Geneva, US treasury secretary Scott Bessent announced a deal has been reached for a 90-day pause on measures.

0:54

12 Might: US and China attain settlement on tariffs

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 menace, EU commerce chief Maros Sefcovic stated: “EU-US commerce is unmatched and have to be guided by mutual respect, not threats.

“We stand able to defend our pursuits.”



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