💨 Abstract

President Donald Trump announced a delay in implementing a 50% tariff on EU goods from June 1 to July 9, 2025, to allow for negotiations. This decision followed a call with European Commission President Ursula von der Leyen, who expressed a desire for serious negotiations. Trump had previously threatened the tariffs, citing difficulties in trade talks. Von der Leyen agreed to swift talks, aiming for a deal by July 9.

Courtesy: WTOP Staff