Trump extends EU tariff deadline to July 9 as trade negotiations accelerate

The European Union has agreed on rapid track talks with the United States after President Donald Trump’s threats to more sanctions against the region.

The European Commission announced on Monday after a phone call between Trump and European Union President Ursula von der Lin. Last week, Trump threatened to impose another 50 % tariff on European imports starting from June 1, but now agreed to delay the plan until July 9 to give time negotiations.

“They agreed to track negotiations quickly and stay in close contact,” the committee spokeswoman Paula Penho told reporters on Monday.

“These negotiations are complicated, and therefore it takes some time,” she added. “There is now a new driving force for negotiations and we will take them from there.”

The White House says Trump is 10 % committed to the basic tariff

Trump announced the extension of the customs tariff in a social publication on Sunday, saying that he had a fruitful phone call with von der Layen. Posted on social media again on Tuesday morning

I was very satisfied with allocating a 50 % tariff for the European Union, especially as they are “slow walking” (in a moderate phrase!), Our negotiations with them. Remember that it is authorized to “set a deal” in the United States if we cannot conclude a deal, or deal unresolved, “Trump wrote.

“It was just reported that the European Union has called for the construction of meetings quickly. This is a positive event, and I hope they will finally open, just as it demands itself on China, European countries to trade with the United States of America. They will be very happy, and successful, if they do that !!!” He added.

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The President of the European Commission, Ursula von der Layen, promised commercial negotiations quickly with the United States

Trade talks between the United States and Europe stopped after the meeting of Vice President JD Vance with Von Der Leyen and Italian Prime Minister Giorgia Meloni on May 18.

Scott Beesen says Trump wants to “light fire” under Apple, the European Union with the threats of the new tariff

Trump’s social media stage, which threatens more penalties, came just one day after the meeting.

From left to right: Secretary of State Marco Rubio, Vice President C. (AP Photo / Jacquilyn Martin, Pool / Associal Press)

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US Treasury Secretary Scott Besent said last week that Trump was aiming to “supervise” fire under the European Union for Commercial Hogs.

“I hope this fire shines under the European Union, because … I said before, [the] Pesin said about the problem of teamwork here. The American news room. “It is 27 countries, but they represent this one group in Brussels. So some of the comments I received are that the main countries do not even know what the European Union negotiates on their behalf.”

Fox Business’ Sophia Compvent contributed to this report.