President Donald Trump delayed European Union tariffs until July 9. The president posted on Truth Social on the evening of Sunday, May 25 that he would delay imposing a 50% tariff on all imports from the EU to allow more time for trade negotiations.
“I received a call today from Ursula von der Leyen, President of the European Commission, requesting an extension on the June 1st deadline on the 50% Tariff with respect to Trade and the European Union,” Trump said.
Von der Leyen posted earlier in the day on X that she had a “Good call with @POTUS.”
“The EU and U.S. share the world’s most consequential and close trade relationship,” she said. “Europe is ready to advance talks swiftly and decisively. To reach a good deal, we would need the time until July 9.”
On Friday May 23, Trump initially said he would apply a steep tax to European exports starting in just over a week. He warned Apple and other phone manufacturers that their products made outside the United States would face a 25% tariff.
The president previously wrote on Truth Social on May 23 that discussions with the European Union were “going nowhere.”
