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Trump announces postponement of 50% tariffs on EU until July 9

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USA Europe

Posted By: The Corner 27th May 2025

Link Securities | US President Donald Trump announced on Sunday a delay in the imposition of 50 per cent trade tariffs on the European Union (EU), extending the start of the tariffs to July 9. In a statement on his social media, Trump said he had taken the decision after a telephone conversation with European Commission (EC) President Ursula Von del Leyen, who confirmed the conversation, described it as a good call and stressed that more time is needed to reach a good deal.

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.