Trump Delays 50% Tariff on EU Goods to Facilitate Trade Negotiations
President Trump postpones a 50% tariff on EU goods to July 9, aiming for a trade deal amid ongoing negotiations with EU leaders.

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Boston Herald


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The Daily Wire
Summary
President Trump has delayed the proposed 50% tariff on European Union goods from June 1 to July 9, following a call with EU Commission President Ursula von der Leyen. This extension is intended to allow for serious negotiations between the U.S. and the EU, which have a significant trade relationship worth $1.8 trillion annually. EU Trade Commissioner Maros Sefcovic confirmed ongoing discussions with U.S. officials, emphasizing the EU's commitment to reaching a deal by the new deadline. The EU has proposed a 'zero for zero' tariff deal, but the U.S. has set a baseline of 10% for its tariffs.
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