Close Menu
Newstech24.com
  • Home
  • News
  • Arabic News
  • Technology
  • Economy & Business
  • Sports News
What's Hot

The Gabelli Worldwide Small Cap Fund Q1 2025  Commentary (GLOIX)

June 6, 2025

الذهب يتجه لمكاسب أسبوعية بفضل بيانات أمريكية ضعيفة وتراجع الدولار

June 6, 2025

Clarke targeted on fine-tuning Scotland squad slightly than ‘experimenting’ in friendlies

June 6, 2025
Facebook X (Twitter) Instagram
Friday, June 6
Facebook X (Twitter) Instagram
Newstech24.com
  • Home
  • News
  • Arabic News
  • Technology
  • Economy & Business
  • Sports News
Newstech24.com
Home»Economy & Business»Trump extends EU tariff deadline to July 9 as commerce negotiations speed up
Economy & Business

Trump extends EU tariff deadline to July 9 as commerce negotiations speed up

AdminBy AdminMay 27, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Trump extends EU tariff deadline to July 9 as trade negotiations accelerate
Share
Facebook Twitter LinkedIn Pinterest Email
<!–>

President Donald Trump takes questions from reporters on the tarmac in Morristown, New Jersey.

The European Union has agreed to fast-track commerce talks with the U.S. following President Donald Trump’s threats of but additional sanctions towards the area.

The European Fee made the announcement Monday following a telephone name between Trump and EU President Ursula von der Leyen. Trump had threatened final week to impose an extra 50% tariff on European imports starting June 1, however he has now agreed to delay the plan to July 9 to present time for negotiations.

“They agreed each to fast-track the negotiations and keep in shut contact,” fee spokeswoman Paula Pinho advised reporters Monday.

“These negotiations are advanced, and so they’re taking time,” she added. “There’s now additionally a brand new impetus for the negotiations and we are going to take it from there.”

TRUMP IS COMMITTED TO 10% BASELINE TARIFF, WHITE HOUSE SAYS, DESPITE UK TRADE DEAL ANNOUNCEMENT

President Donald Trump threatened additional sanctions towards the EU final week. (Left: Win McNamee/Getty Pictures; Proper: Thierry Monasse/Getty Pictures / Getty Pictures)

Trump introduced the tariff extension in a Reality Social submit on Sunday, saying that he had a productive telephone name with von der Leyen.

“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!”

Whereas chatting with reporters on Sunday at Morristown Municipal Airport in New Jersey, Trump mentioned von der Leyen referred to as him and mentioned she needs to have a “severe negotiation.”

ZELENSKYY SPEAKS WITH TRUMP, ALLIES AFTER RUSSIA PEACE TALKS BROKER NO CEASEFIRE

“July ninth was the date she requested. … And I agreed to do this,” Trump mentioned. “[von der Leyen] mentioned we are going to quickly get collectively and see if we will work one thing out.”

European Commission President Ursula von der Leyen

European Fee President Ursula von der Leyen promised to fast-track commerce negotiations with the U.S.–>

Commerce talks had stalled between the U.S. and Europe following Vice President J.D. Vance’s assembly with von der Leyen and Italian Prime Minister Giorgia Meloni on Might 18.

SCOTT BESSENT SAYS TRUMP WANTS TO ‘LIGHT A FIRE’ UNDER APPLE, EU WITH NEW TARIFF THREATS

Trump’s social media submit threatening additional sanctions got here only a day after the assembly.

Rubio, Vance, Meloni and von der Leyen meet in Rome

From left to proper: Secretary of State Marco Rubio, Vice President JD Vance, Italy’s Prime Minister Giorgia Meloni and European Fee President Ursula von der Leyen pose for a bunch picture as they arrive for a gathering on the Chigi Palace in Rome, (AP Picture/Jacquelyn Martin, Pool / Related Press)

GET FOX BUSINESS ON THE GO BY CLICKING HERE

U.S. Treasury Secretary Scott Bessent additionally mentioned final week that Trump was aiming to “gentle a hearth” beneath the EU for commerce talks.

“I’d hope that this might 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 nations, however they’re being represented by this one group in Brussels. So among the suggestions that I have been getting is that the underlying nations do not even know what the EU is negotiating on their behalf.”

Fox Enterprise’ Sophia Compton contributed to this report.

Share this:

  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X
accelerate deadline extends July negotiations tariff trade Trump
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Admin
  • Website

Related Posts

The Gabelli Worldwide Small Cap Fund Q1 2025  Commentary (GLOIX)

June 6, 2025

Sprinklr Inventory: There Are Good Developments, However They Are Not Good Sufficient (NYSE:CXM)

June 6, 2025

JAKKS Pacific: A Uncommon Constructive Danger Premium

June 6, 2025
Leave A Reply Cancel Reply

Don't Miss
Economy & Business

The Gabelli Worldwide Small Cap Fund Q1 2025  Commentary (GLOIX)

By AdminJune 6, 20250

This text was written byObserveGAMCO Buyers, Inc. is a widely known diversified asset supervisor and…

Share this:

  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X

الذهب يتجه لمكاسب أسبوعية بفضل بيانات أمريكية ضعيفة وتراجع الدولار

June 6, 2025

Clarke targeted on fine-tuning Scotland squad slightly than ‘experimenting’ in friendlies

June 6, 2025

We now have a profitable mission for everybody – Athletic Bilbao president hopeful of maintaining Nico Williams

June 6, 2025

Sprinklr Inventory: There Are Good Developments, However They Are Not Good Sufficient (NYSE:CXM)

June 6, 2025

Ravens’ Chuck Pagano says he does not wish to be head coach once more

June 6, 2025

JAKKS Pacific: A Uncommon Constructive Danger Premium

June 6, 2025

Michael Conforto breaks stoop as clutch hit caps Dodgers’ rally

June 6, 2025

Silicon Valley Is Beginning to Choose Sides in Musk and Trump’s Breakup

June 6, 2025

HSBC’s Mark Tucker to grow to be chair of insurer AIA

June 6, 2025
Advertisement
About Us
About Us

NewsTech24 is your premier digital news destination, delivering breaking updates, in-depth analysis, and real-time coverage across sports, technology, global economics, and the Arab world. We pride ourselves on accuracy, speed, and unbiased reporting, keeping you informed 24/7. Whether it’s the latest tech innovations, market trends, sports highlights, or key developments in the Middle East—NewsTech24 bridges the gap between news and insight.

Company
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Disclaimer
  • Terms Of Use
Latest Posts

The Gabelli Worldwide Small Cap Fund Q1 2025  Commentary (GLOIX)

June 6, 2025

الذهب يتجه لمكاسب أسبوعية بفضل بيانات أمريكية ضعيفة وتراجع الدولار

June 6, 2025

Clarke targeted on fine-tuning Scotland squad slightly than ‘experimenting’ in friendlies

June 6, 2025

We now have a profitable mission for everybody – Athletic Bilbao president hopeful of maintaining Nico Williams

June 6, 2025

Sprinklr Inventory: There Are Good Developments, However They Are Not Good Sufficient (NYSE:CXM)

June 6, 2025
Newstech24.com
Facebook X (Twitter) Tumblr Threads RSS
  • Home
  • News
  • Arabic News
  • Technology
  • Economy & Business
  • Sports News
© 2025 ThemeSphere. Designed by ThemeSphere.

Type above and press Enter to search. Press Esc to cancel.