Financebyanmol
May 27, 2025 at 07:06 AM
*Trump Delays EU Tariffs (Again)* 🇪🇺🤷♂️😅
Trump has extended the deadline for imposing a 50% tariff on EU goods from June 1 to July 9. 🇪🇺🤦♂️
This decision came after a _*"very nice call"*_ with European Commission President Ursula von der Leyen, who _*requested more time for serious negotiations*_. Trump had previously threatened the steep tariffs, citing frustration with the pace of trade talks with the EU. 🚨🗣️
_*The EU has proposed a "zero for zero" deal*_, which would remove tariffs on industrial goods, including automobiles, but the US administration has indicated it _*will not lower tariffs below a 10% baseline*_. Existing US tariffs of 25% on steel and aluminium from the EU also remain in place. 📝👀
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