Trump Extends EU Tariff Pause Until July 9

The USA's pause for tariffs on goods from the EU is extended until 9 July, announces President Donald Trump via his platform Truth Social.

» Published:

Trump Extends EU Tariff Pause Until July 9
Photo: Manuel Balce Ceneta/AP/TT

Share this article

The message comes after Trump spoke with EU Commission President Ursula von der Leyen on the phone on Sunday. According to Trump, von der Leyen asked for an extension.

"Europe is ready to quickly and decisively continue the talks," writes von der Leyen in a statement on X after the conversation.

As recently as last week, Trump threatened to impose 50 percent tariffs on goods from the EU - and declared that he "does not seek a deal" with the EU on the issue of trade tariffs. The outburst caused stock exchanges in Sweden and the rest of Europe to fall.

The EU's trade commissioner Maros Sefcovic stated that trade between the EU and the US must "be based on mutual respect, not threats. We stand ready to defend our interests."

The Trump administration imposed 20 percent tariffs on all goods from the EU on April 2, but halved them a week later to 10 percent for 90 days to allow for negotiations.

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for local and international readers

More news

Klarna Stock Surges Over 30 Percent in Initial NYSE Trading

Klarna Stock Surges Over 30 Percent in Initial NYSE Trading

Klarna CEO Outlines Strategy to Dominate Global Payment Market

Klarna CEO Outlines Strategy to Dominate Global Payment Market

SEC Challenges Global Sustainability Reporting Standards

SEC Challenges Global Sustainability Reporting Standards

Spotify Introduces High-Resolution Sound for Premium Users

Spotify Introduces High-Resolution Sound for Premium Users

LKAB to Invest 6 Billion Kronor in New Gällivare Sorting Plant

LKAB to Invest 6 Billion Kronor in New Gällivare Sorting Plant

Larry Ellison Becomes World's Richest, Surpassing Elon Musk

Larry Ellison Becomes World's Richest, Surpassing Elon Musk

High Electricity Prices in Sweden as Several Nuclear Reactors Halted

High Electricity Prices in Sweden as Several Nuclear Reactors Halted

Oracle Stock Soars 30% on Boosted Cloud Investment Forecast

Oracle Stock Soars 30% on Boosted Cloud Investment Forecast

Government Plans to Lower Hiring Costs for Young People

Government Plans to Lower Hiring Costs for Young People

Norwegian Interest Rate Cut Possible Amid Stable Inflation

Norwegian Interest Rate Cut Possible Amid Stable Inflation

Swedish Economy Sees 0.2% GDP Decline in July

Swedish Economy Sees 0.2% GDP Decline in July

Klarna's Valuation Criticized as Unfair by Chief Analyst

Klarna's Valuation Criticized as Unfair by Chief Analyst

Zara Owner Inditex Sees Profit Rise in First Half of Fiscal Year

Zara Owner Inditex Sees Profit Rise in First Half of Fiscal Year

Clas Ohlson Stock Jumps 13% Amid Slight Stockholm Market Dip

Clas Ohlson Stock Jumps 13% Amid Slight Stockholm Market Dip

Novo Nordisk to Cut 9,000 Jobs Amid Organizational Changes

Novo Nordisk to Cut 9,000 Jobs Amid Organizational Changes

Clas Ohlson Sees Profit Rise in First Quarter with Strong Sales

Clas Ohlson Sees Profit Rise in First Quarter with Strong Sales

Used Electric Car Sales Surge in First Half of the Year

Used Electric Car Sales Surge in First Half of the Year

Handelsbanken Predicts Final Interest Rate Cut in September

Handelsbanken Predicts Final Interest Rate Cut in September

District Heating Prices Surge Again with Aggressive Increases

District Heating Prices Surge Again with Aggressive Increases

Asian Markets Mostly Rise in Wednesday Trading

Asian Markets Mostly Rise in Wednesday Trading