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Trump says he'll delay a threatened 50% tariff on the European Union until July

President Donald Trump speaks to reporters before boarding Air Force One at Morristown Municipal Airport in Morristown, N.J., Sunday, May 25, 2025. (AP Photo/Manuel Balce Ceneta)

Key Points

  • President Trump delayed a 50% tariff on European Union goods from June 1 to July 9 to allow more time for negotiations.
  • The extension followed a call with European Commission President Ursula von der Leyen, who pledged to move swiftly toward “serious negotiations.”
  • The EU highlighted its close trade relationship with the U.S. and agreed it needs until July 9 to secure a comprehensive deal.
  • MarketBeat previews top five stocks to own in June.

WASHINGTON (AP) — President Donald Trump said Sunday that the U.S. will delay implementation of a 50% tariff on goods from the European Union from June 1 until July 9 to buy time for negotiations with the bloc.

That agreement came after a call Sunday with Ursula von der Leyen, the president of the European Commission, who had told Trump that she “wants to get down to serious negotiations,” according to the U.S. president’s retelling.

“I told anybody that would listen, they have to do that,” Trump told reporters on Sunday in Morristown, New Jersey, as he prepared to return to Washington. Von der Leyen, Trump said, vowed to “rapidly get together and see if we can work something out.”

In a social media post Friday, Trump had threatened to impose the 50% tariff on EU goods, complaining that the 27-member bloc had been “very difficult to deal with” on trade and that negotiations were “going nowhere.” Those tariffs would have kicked in starting June 1.

But the call with von der Leyen appeared to smooth over tensions, at least for now.

“I agreed to the extension — July 9, 2025 — It was my privilege to do so,” Trump said on Truth Social shortly after he spoke with reporters on Sunday evening.

For her part, von der Leyen said the EU and the U.S. “share the world’s most consequential and close trade relationship.”

“Europe is ready to advance talks swiftly and decisively,” she said. “To reach a good deal, we would need the time until July 9.”

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