Reported 2 days ago
President Trump has delayed the implementation of a proposed 50% tariff on European Union goods from June 1 to July 9, following a phone call with EU Commission President Ursula von der Leyen. This conversation provided a 'new impetus' for trade negotiations that had been stalled. The EU has prepared significant retaliatory tariffs should discussions not yield satisfactory results, highlighting the importance of this relationship in international trade.
Source: YAHOO