Trump Delays 50% Tariffs Decision After EU Negotiation Extension

BTCC / BTCC Square / Global Cryptocurrency /

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2025-05-25 23:26:02

President TRUMP postponed the implementation of 50% tariffs on EU goods following a request from European Commission President Ursula von der Leyen. The deadline has been moved to July 9, allowing additional time for negotiations. The decision came after a phone call between the two leaders, with Trump describing the concession as a "privilege."

Von der Leyen emphasized Europe’s readiness for swift talks but underscored the need for a carefully crafted agreement. The 90-day negotiation window now extends to early July, temporarily sparing the EU from the initially proposed 20% tariffs.

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