Trump Delays 50% EU Tariffs Until July 9

US President Donald Trump has agreed to extend the deadline for trade talks with the European Union until July 9, following a threat to impose 50% tariffs on EU goods. The decision comes after a 'good call' with EU Commission President Ursula von der Leyen, who expressed readiness to move 'swiftly' to agree on a trade deal. Trump had previously announced a 20% tariff on most EU goods, later reduced to 10% until July 8, and threatened to increase it to 50% if negotiations didn't progress.

U.S. President Donald Trump delayed 50% tariffs on the European Union until July 9, following a call with European Commission President Ursula von der Leyen. Despite initial concerns, investors are taking Trump's tariff announcements with a 'pinch of salt' as major U.S. and European stock indexes showed a milder reaction compared to previous announcements. Trump's tax bill, estimated to add $2.3 trillion to the federal deficit, caused Treasury yields to jump and markets to drop. Nvidia's earnings announcement and the U.S. personal consumption expenditure index are expected to influence investor sentiment.

US President Donald Trump has agreed to delay imposing a 50% tariff on European goods until July 9, following a request from Ursula Von der Leyen, president of the European Commission. Trump initially set a June 1 deadline for the tariffs, but Von der Leyen needed more time to negotiate a deal. The EU and US have a significant trade relationship, and both sides have expressed a willingness to advance talks.

US President Donald Trump has delayed imposing 50% tariffs on EU goods from June 1 to July 9 following a call with EU Commission President Ursula von der Leyen. European stocks rebounded after the news, but market watchers warned that the threat of a trade war is not over. Analysts cautioned that the delay may be a tactical move by Trump to negotiate better terms, and that the EU should remain cautious and not capitulate to US demands. The EU has expressed readiness to advance talks and has made offers, but it remains unclear what the US wants. The situation remains uncertain, and investors are advised to be prepared for more volatility.

Volvo Cars is cutting 3,000 jobs, primarily in office-based positions in Sweden, as part of a major cost-cutting drive. The move is part of an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan announced last month. The company, owned by China's Geely Holding, cited a challenging period in the automotive industry and the need to improve cash flow generation and lower costs. The job cuts will impact around 15% of the firm's total office-based workforce, with around 1,000 positions currently held by consultants and 1,200 employees in Sweden being affected. The company remains committed to its long-term strategy, including becoming a fully electric car company.

President Donald Trump has delayed the imposition of a 50% tariff on European Union imports until July 9, following a conversation with European Commission President Ursula von der Leyen. The decision comes after Trump had previously stated that the tariff would go into effect on June 1, causing market confusion. The delay is seen as a positive development by Asian stock markets, which posted modest gains on Monday.

President Donald Trump criticized Russian President Vladimir Putin, stating he 'has gone absolutely crazy' after Russia launched a major aerial attack on Ukraine, killing at least 12 people. Trump also criticized Ukrainian President Volodymyr Zelensky for his comments on 'America's silence' encouraging Putin. Trump is considering additional sanctions against Russia and previously attempted to negotiate a 30-day ceasefire between Russia and Ukraine.

The European Commission President Ursula von der Leyen and US President Donald Trump held a 'good call' where they agreed to delay the imposition of 50% tariffs on EU imports to the US until July 9. This move is aimed at averting a transatlantic trade war. The EU and US trade representatives are set to hold talks on Monday. The delay comes after Trump's threat to impose tariffs, which was met with a commitment from the EU to advance talks 'swiftly and decisively'.

US President Donald Trump has agreed to postpone imposing 50% tariffs on goods from the European Union until July 9, 2025, following a phone call with European Commission President Ursula von der Leyen. The decision allows more time for trade negotiations between the two sides.

US President Donald Trump has criticized Russian President Vladimir Putin after a series of deadly strikes across Ukraine, calling Putin's actions 'crazy' and threatening more sanctions against Moscow. The strikes, which killed 12 people including three children, were described by Ukraine as the biggest aerial attack of the war so far, with 367 drones and missiles fired by Russian forces. Trump, who had previously spoken positively about a potential peace deal, expressed shock at Putin's actions and urged him to stop the violence.

President Trump delays imposing 50% tariffs on EU imports until July 9, allowing more time for trade negotiations. The decision comes after criticism from economists and concerns about a potential trade war. Trump had previously threatened to enact tariffs on June 1 if a trade deal was not reached.

The article discusses President Trump's recent criticism of Russian President Vladimir Putin after a series of Russian attacks on Ukraine. Trump expressed shock and disappointment at Putin's actions, stating that he had 'gone crazy.' However, despite his criticism, Trump has not taken decisive action to pressure Russia, such as imposing new sanctions. The article highlights a pattern of Trump's interactions with Putin, where he expresses concern about Russian aggression but ultimately fails to follow through with meaningful consequences. Experts and officials criticize Trump's approach, suggesting that it emboldens Putin and undermines support for Ukraine.