General
Monday Briefing: Trump Delayed E.U. Tariffs
Plus, Mexico City’s artistic eras.
President Trump spoke to reporters on yesterday in New Jersey.Credit…Kenny Holston/The New York Times
Trump delayed his 50% tariffs on E.U. imports
President Trump said yesterday that he was extending the deadline to impose a 50 percent tariff on the E.U. to July 9, from June 1, to allow more time for negotiation.
The announcement followed what Ursula von der Leyen, the president of the European Commission, said was a “good call” with Trump, during which she expressed that the E.U. needed extra time to reach a trade deal. She said that talks would advance “swiftly and decisively,” a promise that Trump echoed in a Truth Social post.
“The E.U. and the U.S. share the world’s most consequential and close trade relationship,” von der Leyen wrote on X.
Context: On Friday, Trump threatened to impose a 50 percent tariff on E.U. imports beginning June 1, saying that trade talks with the bloc were “going nowhere.” The announcement raised the chances of a destabilizing trade war with one of the world’s largest economies.
The remains of a multistory residential building after a drone strike in Kyiv, Ukraine, yesterday.Credit…Sergei Supinsky/Agence France-Presse — Getty Images
