Trump delays EU tariff hike following call with von der Leyen
Trump delays EU tariff hike following call with von der Leyen

Trump delays EU tariff hike following call with von der Leyen

4 weeks ago

US president Donald Trump has agreed to postpone a planned tariff increase on European Union goods until 9 July, following a call with European Commission president Ursula von der Leyen.

Trump had threatened to impose 50 per cent tariffs on almost all EU imports from 1 June. But in a post on his Truth Social platform, he confirmed a temporary pause after what he described as a “very nice call” with Von der Leyen. “I agreed to the extension – it was my privilege to do so,” he wrote. He said talks would begin very soon.

Von der Leyen welcomed the delay, writing on X that Europe was “ready to advance talks swiftly and decisively”, but stressed the need for more time to secure a deal.

The EU had earlier paused its retaliatory measures on US tariffs. Since mid-March, the Trump administration has imposed tariffs of 25 per cent on vehicles, 25 per cent on steel and aluminium and 10 per cent on a wide range of other goods. 

Ahead of Trump’s decision, Flemish minister-president Matthias Diependaele responded cautiously to the tariff threat. “The Commission must lead negotiations and seek a balanced solution,” he told Het Laatste Nieuws. “If that fails, we must consider countermeasures. This benefits no one – I hope he reconsiders.”

The EU is one of America’s largest trading partners, with bilateral trade exceeding 970 billion dollars in 2024. A new deal now hinges on rapid progress in the coming weeks.

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