Saturday, October 18, 2025
  • Login
Techstory Australia
  • Home
  • News
  • AI
  • Social Media
  • Technology
  • Markets
No Result
View All Result
  • Home
  • News
  • AI
  • Social Media
  • Technology
  • Markets
No Result
View All Result
Techstory Australia
No Result
View All Result
Home Business

Trump Delays 50% Tariffs on EU Imports Until July 9 Amid Renewed Trade Talks

The proposed tariffs, part of Trump’s broader effort to address what he calls “decades of unfair trade,” would apply to a broad range of European exports, including automobiles, pharmaceuticals, machinery, and luxury items.

Sara Jones by Sara Jones
May 26, 2025
in Business, Investing, Markets
0
Trump Delays 50% Tariffs on EU Imports Until July 9 Amid Renewed Trade Talks

PHOTO CREDITS : EuroNews

74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

President Donald Trump has announced a delay in the implementation of sweeping 50% tariffs on European Union (EU) goods, shifting the enforcement date from June 1 to July 9. The decision marks a temporary pause in escalating trade tensions between the United States and one of its key economic partners, providing both sides a window to engage in urgent negotiations aimed at preventing a major economic standoff.

You might also like

Apple’s OLED MacBook Pro Set to Propel OLED Notebook PCs to 30% Market Share by 2026

Amazon to Cut 15% of Human Resources Staff Amid Broad Workforce Restructuring

Apple May Announce Three New Products Next Week: Here’s What to Expect

The proposed tariffs, part of Trump’s broader effort to address what he calls “decades of unfair trade,” would apply to a broad range of European exports, including automobiles, pharmaceuticals, machinery, and luxury items. The administration argues that these measures are necessary to protect American industries from what it considers discriminatory EU trade practices and chronic trade imbalances.

Speaking from the White House on Sunday, Trump described the delay as “a gesture of good faith,” emphasizing his administration’s willingness to negotiate while still standing firm on the need for a more balanced trade relationship.

“We want a fair deal for American workers and businesses,” the president said. “But we are also open to constructive dialogue. That’s why I’ve agreed to postpone these tariffs for just over a month. It’s a privilege we’re granting, not a retreat.”

Trump delays 50% tariffs on E.U. to July 9 – DNyuz

The decision to delay the tariffs came after formal requests from European Commission President Ursula von der Leyen, who has been pressing for more time to reach a diplomatic solution. EU officials have described the proposed tariffs as “excessive and disproportionate” and warned of potential retaliatory measures if no compromise is reached.

Von der Leyen welcomed the postponement, saying it opens a narrow but crucial window to find common ground. “We are prepared to engage swiftly and constructively,” she said in a statement released from Brussels. “Our economies are deeply interlinked. This is not a time for escalation, but for smart, fair solutions.”

The stakes are high for both sides. For the EU, the 50% tariffs would deal a significant blow to several key industries, particularly automobile manufacturers in Germany, pharmaceutical exporters in Ireland, and luxury goods producers in France and Italy. For the U.S., retaliation from the EU could affect American agricultural exports, technology firms, and financial services operating in Europe.

Businesses on both sides of the Atlantic have welcomed the delay, though with caution. Trade groups in the U.S. have warned that the uncertainty surrounding tariffs creates instability for companies making long-term investment and supply chain decisions. European exporters, meanwhile, are bracing for potential disruptions if negotiations falter.

Economists also note that the delay does not signal a softening of Trump’s broader trade agenda. The proposed EU tariffs are part of a larger package of trade measures targeting several U.S. trading partners, including China, India, and Mexico. Trump has already imposed tariffs ranging from 10% to 30% on select goods from those countries and has signaled willingness to go further if necessary.

Canadian government already bracing for potential Trump tariffs | CBC News

The next six weeks are expected to feature intense backroom negotiations between U.S. and EU trade representatives. While the EU is open to discussions on reducing regulatory barriers and increasing market access for American firms, it remains firmly opposed to what it sees as unilateral tariff threats used as negotiating leverage.

Despite the temporary pause, observers say the threat of a major transatlantic trade war remains real. Should the talks collapse or stall, the July 9 deadline looms as a decisive moment that could define U.S.–EU economic relations for years to come.

For now, the world’s two largest economic blocs remain in a fragile truce—one that could tip either toward reconciliation or renewed confrontation depending on what unfolds in the weeks ahead.

Tags: Donald TrumpDonald Trump newsDonald Trump updatesEconomists also note that the delay does not signal a softening of Trump’s broader trade agenda.President Donald Trump has announced a delay in the implementation of sweeping 50% tariffs on European Union (EU) goodsshifting the enforcement date from June 1 to July 9.tech newstechstoryTrump Delays 50% Tariffs on EU Imports Until July 9 Amid Renewed Trade Talks
Share30Tweet19
Sara Jones

Sara Jones

Recommended For You

Apple’s OLED MacBook Pro Set to Propel OLED Notebook PCs to 30% Market Share by 2026

by Sara Jones
October 15, 2025
0
Apple Faces Lawsuit Over Alleged Pay Discrimination Against Female Employees

The notebook PC market is entering a new era of display technology, with OLED panels rapidly gaining prominence as the preferred choice for premium laptops. This transition is...

Read more

Amazon to Cut 15% of Human Resources Staff Amid Broad Workforce Restructuring

by Sara Jones
October 15, 2025
0
Amazon and iRobot Abandon Merger Plans Amidst EU Opposition

Amazon, the world’s largest online retailer and cloud services provider, is preparing to reduce its human resources (HR) staff by approximately 15%, a move that underscores the company’s...

Read more

Apple May Announce Three New Products Next Week: Here’s What to Expect

by Sara Jones
October 13, 2025
0
U.S. Agency Sues Apple for Alleged Discrimination Against Jewish Worker

Apple appears to be gearing up for a trio of new product announcements next week, and the tech world is already buzzing with anticipation. While no official invitations...

Read more

Weekly Startup News

by Sara Jones
October 11, 2025
0
Top StartUp News – Australia

Datacurve Raises $15 Million to Challenge Scale AI in AI Data Market Datacurve, a startup specializing in high-quality coding datasets for AI training, has raised $15 million in...

Read more

Morgan Stanley Opens Crypto Access to All Clients, Including Retirement Accounts

by Sara Jones
October 10, 2025
0
Morgan Stanley Opens Crypto Access to All Clients, Including Retirement Accounts

In a landmark decision poised to reshape the financial services landscape, Morgan Stanley has announced it will now allow access to cryptocurrency investments across all client accounts—including retirement...

Read more
Next Post
Texas Prepares to Ban Social Media Access for Minors Under 18

Texas Prepares to Ban Social Media Access for Minors Under 18

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Amazon Lays Off ‘Small Number of Staffers’, Pharmacy Division Impacted

Amazon Lays Off ‘Small Number of Staffers’, Pharmacy Division Impacted

July 18, 2023
Former OpenAI Chief Scientist Launches New AI Venture

Former OpenAI Chief Scientist Launches New AI Venture

June 20, 2024
Apple’s Upcoming iPhone Could Have OpenAI’s Generative AI Tech: Report

Apple’s Upcoming iPhone Could Have OpenAI’s Generative AI Tech: Report

April 27, 2024

Browse by Category

  • AI
  • Archives
  • Business
  • Crypto
  • Finance
  • Investing
  • Markets
  • News
  • Social Media
  • Technology

Techstory.com.au

Tech, Crypto and Financial Market News from Australia and New Zealand

CATEGORIES

  • AI
  • Archives
  • Business
  • Crypto
  • Finance
  • Investing
  • Markets
  • News
  • Social Media
  • Technology

BROWSE BY TAG

amazon apple apple news apple updates Artificial intelligence Artificial Intelligence news Artificial Intelligence updates australia Australia news Australia updates china China news China updates Donald Trump Donald Trump news Donald Trump updates Elon musk elon musk news Elon Musk updates google google news Google updates meta meta news meta updates Microsoft microsoft news microsoft updates OpenAI OpenAI news OpenAI updates Social media tech news technology Technology news technology updates techstory tech story Tesla tesla news tesla updates TIKTOK TikTok news TikTok updates twitter

© 2023 Techstory Media. Editorial and Advertising Contact : hello@techstory.com.au

No Result
View All Result
  • Home
  • News
  • Technology
  • Markets
  • Business
  • AI
  • Investing
  • Social Media
  • Finance
  • Crypto

© 2023 Techstory Media. Editorial and Advertising Contact : hello@techstory.com.au

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?