Trump slows down the 50 % rates for the EU until July 9

The President of the United States, Donald Trump, has agreed to postpone until 9 July to perform 50 percent rates for the European Union, a goal that announced after a telephone conversation with the President of the European Commission, Ursula von der Leyen.

“Today I received a phone call from Ursula von der Leyen to request an extension of the 50 percent rate compared to European trade and Union. I have access to the extension (July 9, 2025). It was a privilege for me to do it,” he said on his social truth platform.

Hours earlier von der Leyen reported that he has maintained a “good” conversation with a tenant of the White House, in which they approached the commercial negotiations.

“A good phone call with the president of the United States,” he published in his account about the Social Network X, where he remembered that “the EU and the United States have the most relevant and narrow commercial relationship in the world.”

“Europe is ready to make a quick and firm move in conversations. We will need until July 9 to reach a good agreement,” he added in referral to the date on which the Washington deadline ends to reach a commercial agreement.

The German Finance Minister Lars Klingbeil has also announced trade negotiations with Washington and has spoken his “cautious optimism” about the possibilities of agreement.

“They must be interested in working with us. You have to find a solution quickly. Otherwise this would greatly influence the markets,” said Klingbeil in statements to German public television ARD.

Trump warned last Friday that trade negotiations with the EU are “not going anywhere”, so since 1 June he threatened to impose a 50 percent rate on European products.