President Trump said on Sunday that the United States will delay the implementation of A. A 50 % tariff for goods from the European Union From June 1 to July 9 to buy time for negotiations with the block.
This agreement came after a call on Sunday with Ursula von der Lin, head of the European Commission, who told Mr. Trump that she “wants to reach serious negotiations,” according to the president’s account.
“I told anyone that they had to do so,” Mr. Trump told reporters on Sunday in Moreston, New Jersey, as he was preparing to return to Washington. Mr. Trump said that von der Lin pledged to “quickly gather and know if we can solve something.”
In a post on social media on Friday, Mr. Trump threatened to impose a 50 % tariff on the European Union goods, and he complained that the 27 -member bloc was “very difficult to deal with” on trade and that negotiations “are not going anywhere.” These definitions were kicked on June 1.
This announcement, along with the tariffs threatened with Apple products, sent the stock market that fell on Friday.
“When the markets believed that the worst battle of tariff was overcome, President Trump threatened a 50 % tariff against the European Union this week, starting from June 1, and that a 25 % potential tariff on iPhone devices that was produced abroad. This could be all negotiation tactics, but uncertainty in the event of uncertainty.
But it seems that the call with Von Der Leyen is softened on tensions, at least at the present time.
“I agreed to the extension – July 9, 2025 – I had the honor to do so,” said Mr. Trump, in fact, shortly after speaking with reporters on Sunday evening.
For its part, von der Layen said that the European Union and the United States “are participating in the most dependent commercial relationship in the world.”
“Europe is ready to advance in the talks quickly and decisively,” she said. “To get a good deal, we will need time until July 9.”