BySara Dorn,
Forbes Staff.
President Donald Trump on Thursday delayed tariffs on European Union exports until July 4 to give the EU time to meet the terms of the trade deal reached with the U.S. last year.
Trump announced the decision after what he described as a “great call” with the president of the European Commission, Ursula von der Leyen.
Trump announced last week he was raising tariffs on vehicles imported from the European Union from 15% to 25%, accusing the EU of failing to comply with the trade deal.
