Trump delays 50% tariffs on EU to July 9

[BumRushDaShow]

Source: CNBC

Published Sun, May 25 2025 6:27 PM EDT | Updated 23 Min Ago


President Donald Trump said Sunday that he agreed to an extension on the 50% tariff deadline on the European Union until July 9. “I received a call today from Ursula von der Leyen, President of the European Commission, requesting an extension on the June 1st deadline on the 50% Tariff with respect to Trade and the European Union,” Trump wrote on Truth Social. “I agreed to the extension — July 9, 2025 — It was my privilege to do so,” he added.

Trump’s post came after Von der Leyen said that she had a “good call” with Trump, but needed until July 9 to “reach a good deal.” “The EU and US share the world’s most consequential and close trade relationship,” she wrote on X. “Europe is ready to advance talks swiftly and decisively,” she continued.

Trump imposed 20% tariffs on the EU as part of his sweeping “reciprocal tariffs,” before slashing the rate down to 10% for 90 days.But Trump last week suggested a “straight 50% tariff” on the EU beginning on June 1, saying that the 27-nation bloc “has been very difficult to deal with.”

“Our discussions with them are going nowhere!” Trump wrote Friday on Truth Social. He later said that he was not planning to strike a deal with the EU before June 1.

Read more: https://www.cnbc.com/2025/05/25/trump-50percent-tariffs-eu-july-9.html

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Just breaking. The stock market is closed tomorrow for the holiday that he refuses to correctly celebrate.

Article updated.

Previous article -

Published Sun, May 25 2025 6:27 PM EDT | Updated 5 Min Ago


President Donald Trump said Sunday that he agreed to an extension on the 50% tariffs on the European Union until July 9. "I received a call today from Ursula von der Leyen, President of the European Commission, requesting an extension on the June 1st deadline on the 50% Tariff with respect to Trade and the European Union," Trump wrote on Truth Social.

"I agreed to the extension -- July 9, 2025 -- It was my privilege to do so," he added. Trump's post came after Von der Leyen said that she had a "good call" with Trump, but needed until July 9 to "reach a good deal."

"The EU and US share the world's most consequential and close trade relationship," she wrote on X. "Europe is ready to advance talks swiftly and decisively," she continued. The extension comes after Trump last week suggested a "straight 50% tariff" on the EU, saying that the 27-nation bloc "has been very difficult to deal with."

"Our discussions with them are going nowhere!" Trump wrote Friday on Truth Social. He later said that he was not planning to strike a deal with the EU before June 1, when tariffs were initially set to go into effect.


This is breaking news. Please refresh for updates.

Original article -

Published Sun, May 25 2025 6:27 PM EDT


This is breaking news. Please refresh for updates.

[Irish_Dem]

1. All the delays and game playing hurts the economy.

Businesses cannot plan anything.

[Bluetus]

26. Moreover, even if they reach a "deal"

None of that will be put into US law. And that means Trump could wake up the next morning and announce a whole new round of tariffs.

It is abundantly clear that the EU is looking to delay in order to make other moves that ramp up the pressure on Trump. For example, the new trade deal France just signed with Vietnam.

Behold The Art of the deal.

[BoRaGard]

2. He likes to jerk everyone's chains.

It amuses him, keeps others off balance. The barrage of G.O.P. bullshit will not cease. It is their main strategery to promo their patent falsehoods.

[BOSSHOG]

3. It makes him feel manly by hurting people from a distance

Republicans are chickenshit cowards for tolerating this destruction. Good Lord does have videos on all of them?

[underpants]

12. It seems he's negotiating with himself again.

He’s the best negotiator. He always wins those negotiations. 🙄

[orleans]

20. LOL! nt

[Dave Bowman]

4. He's a sadistic psychopath so it's amusing to him to make people suffer.

One of the worst human being in my lifetime.

[Tarzanrock]

5. Translation.

The E.U. told the Turd to go fuck his fist. So, the Turd again "backed down" from his meaningless "threats." Making stupid, meaningless "threats" and then having to continuously "back down" and "walk back" those idiotic statements is not an economic policy. Another day passes with no sound economic policy in place for the U.S. It's another day in which goods in the U.S. become more scarce and it is another day in which the prices of those increasingly scarce goods increase thereby burdening the American consumer. Pausing and delaying these bullshit tariffs only exacerbates the downward economic spiral of the American economy. The trade wars are over -- the Turd lost. Xi Jinping is laughing at you, Turd, and so is every country in the world.

[rurallib]

6. And in three weeks (his birthday) he will back it down to 10%

and America will rejoice and the stock market will sky rocket.
Then the Trump insiders will sell off the stock they bought for bottom dollar and another scam will be completed!

Haven't we all seen this movie before??? MTG you playing this round?

[tanyev]

7. Don't strain anything patting yourself on the back for your noblesse oblige, Donny.

[slightlv]

8. I realize my idea of breaking news is not the same as the medias,

but give me a break... trump walking back or moving forward on tariffs? This is breaking news how? Anyone with 2 marbles to rub together is already hip to his scam. Who made the most money this time on the insider grift?

[CountAllVotes]

9. dump's game is getting old

Very fast!

[wolfie001]

14. Not to Wall Street

Those snakes love him. Almost 100% I'm sure. I think he's supposed to be a "real man and a dealmaker" to them. F6cking idiots. A pale, bloated, racist fraudster.

[moniss]

10. Giving the countries in question more time

to be extorted into business deals with the crime businesses of Crumb The 1st. Like Vietnam.

[BumRushDaShow]

11. One month ago today

he claimed to have made "200 deals" -

Trump says he’s negotiated 200 trade deals — but won’t say with whom


By Seb Starcevic
04/25/2025 09:22 AM EDT


The United States has already struck 200 trade deals, President Donald Trump said in an interview this week — but he refused to say with whom.

Trump’s comments come just two weeks after he announced a 90-day pause on most of the sweeping global tariffs he imposed earlier this month to allow time for trade negotiations with hundreds of countries slugged by the punishing levies. Only China was exempted from the 90-day pause.

“I’ve made 200 deals,” Trump told Time Magazine in a wide-ranging interview published Friday, “100%.”

Pressed on which countries he had made deals with, Trump refused to say, nor did he clarify the terms of the agreements. He added that he would announce them “over the next three to four weeks,” once the negotiations are “finished.”

(snip)

[wolfie001]

13. What a fat dumbass

[mahina]

15. Corruption in broad daylight. Blackmail. Thanks Supremes for giving him the right to break the law, mostly. Good move.

NOT

?si=aL2NfE8J5Bd2OtCB

[Tarzanrock]

16. July 9 is +/- 45 days from now.

That's a long time of business uncertainity. Remember, China ceased shipping to the U.S. on April 15. You cannot even purchase Johnny Walker Black Label scotch whisky at the online store of the Von's/Safeway/Alberson's conglomerate in Los Angeles -- it is listed as "out of stock." Similarly, every bottle of British gin has gone up in price by about $10 dollars over and above its pricing a month ago. A dozen brown eggs are $9.19 a dozen at the Kroger/Food 4 Less/Ralph's conglomerate in Los Angeles. Come Parade Day for the Turd on June 14 -- there's going to be a lot of pissed-off Americans who don't like the alcohol pricing and the food pricing.

[Scrivener7]

17. So no one is negotiating with him again.

[Botany]

22. Lying as usual

“I am telling you, these countries are calling us up, kissing my ass,” Trump said during a speech at the National Republican Congressional Committee Dinner in Washington,

“They are dying to make a deal. 'Please, please sir, make a deal. I’ll do anything sir,'” he imitated a begging foreign leader.

[Aviation Pro]

18. Caved as usual

Like the fucking coward he is.

[Initech]

19. Can we please kick his worthless ass out of the White House already?

[Botany]

21. I. O. W. Krasnov backed down, the E.U., the rest of the world have moved on without Trump's America,

… and there is money to be made by selling off stocks and then buying them back after
a Trump trade war causes the market to crash.

[Aussie105]

23. Trump thinks he is dealing from a position of superior power.

Trump assumes other countries should subjugate themselves to the economic and military might of the most important country in the world, and its leader, Trump.
Trump thinks the word 'tariff' strikes fear into the hearts of overseas industries.
He is trying to use it as a stick to beat his overseas foes into submission.

Some countries find that horribly offensive.
It is low level bullying.
American crass bluff and exceptionalism is spoken of badly in other countries.

It is quite possible for the rest of the world to shift trade around, and isolate America economically.

Some countries won't be too affected by shifting trading partners, others more so.
But the worst off will be America.

The Devil is in the details - and we all know Trump isn't strong on introspective analysis of complex situations.

[Botany]

24. Other countries have moved on without Krasnov & America

https://www.democraticunderground.com/100220339557

“For the first time ever Canada exported more seaborne crude to China in April than it did to the United States, showing how market dynamics can move amid the uncertainty created by Trump's trade war.”

[DinahMoeHum]

25. Tee hee. TACO - Trump Always Chickens Out

n/t

[the_liberal_grandpa]

27. Purely Stock Manipulation

Why any investor believes a word this world class grifter and convicted felon says is beyond me.

[mdbl]

28. So much for his "Fart of the Deal"