President Donald Trump announced Sunday that he is delaying the imposition of 50% tariffs on goods imported from the European Union. The new deadline is now July 9th. This extension comes after a request from Ursula von der Leyen, President of the European Commission, for more time to discuss trade relations.
"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 wrote on his social media platform, Truth Social. The tariffs, if implemented, would significantly impact trade between the U.S. and EU, potentially affecting various industries. The delay suggests ongoing efforts to reach a mutually agreeable trade arrangement and avoid a trade war. Further negotiations are expected in the coming weeks.
Trump Delays EU Tariffs Until July 9 After Request
President Trump has postponed the implementation of 50% tariffs on goods from the European Union until July 9th. This decision follows a request from Ursula von der Leyen, President of the European Commission, for more time. The delay provides an opportunity for further trade negotiations between the U.S. and the EU. The original deadline was set for June 1st.
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