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🚨 Breaking: Trump Extends EU Trade Talks — Tariff Threats on Hold
On May 26, President Donald Trump announced an extension of U.S.-EU trade negotiations, pushing the proposed 50% tariff on European imports from June 1 to July 9. This move has temporarily deescalated transatlantic trade tensions.
Earlier this week, Trump criticized the EU's approach as "uncooperative" and warned of steep tariffs—well above the 20% duties imposed in April. The proposed 50% rate raised alarms in Europe, especially among automakers and industrial exporters.
A shift came after a call from European Commission President Ursula von der Leyen, who pledged the EU’s willingness to resume talks under the original 90-day negotiation framework. This diplomatic outreach reportedly played a key role in the U.S. decision to delay tariff enforcement.
The trade standoff, which began in April, has seen multiple tariff adjustments and clashing policy priorities. The EU’s latest proposal includes labor protections, environmental benchmarks, and gradual tariff reductions on non-sensitive goods—aimed at restarting stalled talks.
