Trump changes stance, postpones 50% tariffs

Trump changes stance, postpones 50% tariffs

Blog Article

The US leader announced the postponement of the 50% tariff on EU goods to July 9 from the original June 1 after a phone call with the EU president. The order has confused markets after Trump previously said he would not seek a deal with the EU and would proceed with the tariffs as planned.
On May 25, 2025, President Donald Trump announced that he had agreed to postpone a 50 percent tariff on imports from the European Union (EU) until July 9. The move came after Trump had previously ratcheted up market uncertainty by announcing tariffs, but later changed his stance. สล็อต