President Donald Trump has backed down on his threat to speed up his 50 percent tariff on imports from the European Union following a 'very nice call.'
Instead, he has agreed to extend his deadline for trade talks until July 9 after the head of the EU executive body said they needed more time to 'reach a good deal.'
'I received a call today from Ursula von der Leyen, President of the European Commission, requesting an extension on the June 1st deadline on the 50% Tariff with respect to Trade and the European Union,' Trump revealed on Truth Social.
'I agreed to the extension — July 9, 2025.
'It was my privilege to do so. The Commission President said that talks will begin rapidly. Thank you for your attention to this matter.'
