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Trump Agrees to Delay 50% Tariff on EU to July 9

Trump Agrees to Delay 50% Tariff on EU to July 9

U.S. President Donald Trump announced on the 26th that he has agreed to delay the imposition of a 50% tariff on the EU from June 1 to July 9 after a phone call with EU Commission President Ursula von der Leyen.

Previously, Trump criticized the EU as 'too difficult and taking advantage of the United States,' planning to launch the tariff on June 1. However, after their conversation, he confirmed this delay and stated he wants to provide more time to achieve a good agreement. Von der Leyen emphasized the need for continued negotiations to ensure a mutually beneficial outcome.

EU Trade Commissioner Maros Sefcovic highlighted that the EU remains committed to maintaining a mutually beneficial trade relationship with the U.S. and is prepared to defend its interests, emphasizing that trade should be based on mutual respect rather than threats.

Trump also confirmed the call via social media, stating, 'I am honored to do this,' while announcing that negotiations would begin swiftly. The initially set deadline of July 9 represents a significant response from the Trump administration concerning foreign trade policy.