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Trump Delays Tariff Talks as EU Prepares Retaliation

6/4/2025

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Summary

Story summary

President Trump has pushed back the tariff negotiation deadline with the EU to July 9 after speaking with Ursula von der Leyen. With a looming threat of 50% tariffs on EU goods, economists caution that this could spike consumer prices. The EU stands ready to retaliate if a deal isn't struck by July 14.

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Story summary

President Trump has pushed back the tariff negotiation deadline with the EU to July 9 after speaking with Ursula von der Leyen. With a looming threat of 50% tariffs on EU goods, economists caution that this could spike consumer prices. The EU stands ready to retaliate if a deal isn't struck by July 14.