President Donald Trump takes questions from reporters on the tarmac in Morristown, New Jersey.
President Donald Trump has agreed to a request for an extension on a proposed 50% tariff on imports from the European Union, which he initially threatened would go into impact on June 1.
In a Fact Social put up on Sunday, Trump mentioned he acquired a name from European Fee President Ursula Von der Leyen requesting an extension on the June 1 tariff hike.
“I agreed to the extension — July 9, 2025 — It was my privilege to take action,” Trump wrote. “The Fee President mentioned that talks will start quickly. Thanks on your consideration to this matter!”
TRUMP PUSHES BACK: PROPOSED 50% TARIFF ON EU SET TO START JUNE 1
President Donald Trump mentioned he agreed to a request for an extension on a proposed 50% tariff on imports from the European Union. (SAUL LOEB/AFP through Getty Photographs / Getty Photographs)
Von der Leyen took to X to say she had a “good name” with Trump and that Europe is “able to advance talks swiftly and decisively.”
SCOTT BESSENT SAYS TRUMP WANTS TO ‘LIGHT A FIRE’ UNDER APPLE, EU WITH NEW TARIFF THREATS
On Friday, Trump threatened to impose a 50% tariff on imports from the European Union amid ongoing commerce negotiations.
European Fee President Ursula Von der Leyen mentioned she had a “good name” with President Trump. (Reuters / Reuters)
“Their highly effective Commerce Limitations, Vat Taxes, ridiculous Company Penalties, Non-Financial Commerce Limitations, Financial Manipulations, unfair and unjustified lawsuits towards People Corporations, and extra, have led to a Commerce Deficit with the U.S. of greater than $250,000,000 a 12 months, a quantity which is completely unacceptable,” Trump mentioned. “…Subsequently, I’m recommending a straight 50% Tariff on the European Union, beginning on June 1, 2025.”
MUSK SAYS HE HOPES FOR ‘ZERO TARIFFS,’ FREEDOM OF TRADE ZONE BETWEEN US AND EUROPE
The EU tariff menace got here after Vice President JD Vance met with von der Leyen and Italian Prime Minister Giorgia Meloni on Might 18.
Trump threatened to impose a 50% tariff on imports from the European Union. (Reuters/Johanna Geron/File Picture / Reuters Images)
Earlier this week, U.S. Treasury Secretary Scott Bessent mentioned President Donald Trump is making an attempt to “gentle a hearth” beneath the European Union.
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“I might hope that this could gentle a hearth beneath the EU, as a result of… I’ve mentioned earlier than, [the] EU has a collective motion downside right here,” Bessent mentioned on “America’s Newsroom”. “It is 27 international locations, however they’re being represented by this one group in Brussels. So a number of the suggestions that I have been getting is that the underlying international locations do not even know what the EU is negotiating on their behalf.”
