Sharing his phone call with EU Commission President Ursula von der Leyen, Trump stated that von der Leyen requested additional time for the 50% tariff, which was scheduled to take effect on June 1, and that he evaluated this request positively. In this context, Trump announced that he postponed the date of the tariff to July 9.
Trump thanked von der Leyen for her interest, stating that trade talks between the EU and the US will start quickly.
On the other hand, von der Leyen stated that they had a good phone call with Trump and added, “The EU and the US share the most important and close trade relationship in the world.”
The process of tax showdown
Trump, in his post on May 23, stated that there was no progress in trade negotiations with the EU and proposed a 50% direct tax on the EU as of June 1. However, he announced that if the product is produced in the US, it will be exempt from this tax.
US Treasury Secretary Scott Bessent stated that Trump thought that the EU's proposals in trade negotiations were insufficient compared to other major trading partners. Bessent stated that they hoped Trump's tax announcement would mobilize the EU.
In early April, Trump announced that he would impose additional tariffs on some trading partners, including China, the European Union and ASEAN countries, as part of “reciprocal tariffs”. When China responded to this step, the process of mutual confrontation between the two countries over tariffs began.
The Trump administration had previously postponed the tariffs on the EU and other countries for 90 days. At the end of this period, on July 9, the new tariffs are expected to take effect.
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