Sun, 25 May 2025

Sun, 25 May 2025 Trump agrees to extend EU trade talks after 50% tariff threat

Trump extended the deadline after EU chief Ursula von der Leyen said the bloc needed more time to "reach a good deal".
US President Donald Trump has agreed to delay imposing higher tariffs on EU goods until July 9, following a phone call with European Commission President Ursula von der Leyen. The original deadline for negotiations was set for July 8, but Trump had threatened to raise tariffs from 10% to 50%. Von der Leyen said she and Trump discussed the possibility of reaching a trade agreement "rapidly". In contrast, Trump had expressed frustration with the pace of talks and threatened to impose higher tariffs if no deal was reached. EU officials have reaffirmed their commitment to securing a fair trade deal and have been urging calm in the face of US threats.
  >>