US delays 50% tariff on EU imports until July
Talks on US-EU trade tariffs will resume, with a new deadline set for 9 July 2025.
US President Donald Trump has agreed to delay a planned 50% tariff on European Union imports. The new deadline is now set for 9 July 2025, following a request from European Commission President Ursula von der Leyen.
The extension allows more time for what both sides hope will be serious trade negotiations.
The announcement came after a phone call between Trump and von der Leyen. Trump said the EU leader asked for more time to work out a deal, and he was happy to agree. He expressed optimism that talks would begin quickly and hopes to reach an agreement soon.
Earlier this year, Trump introduced tariffs on EU goods, starting at 20% and later reducing to 10%. However, tensions rose when Trump announced the 50% tariff would take effect from 1 June, citing stalled negotiations.
Von der Leyen responded by emphasising the EU’s commitment to a strong transatlantic trade relationship. She also highlighted the need for the extension to finalise a good deal.
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