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Snapshot 3:Mon, May 26, 2025 3:17:27 PM GMT last edited by Haakan

Trump Delays EU Tariff Hike to July 9 After von der Leyen Call

Trump Delays EU Tariff Hike to July 9 After von der Leyen Call

Above: US President Donald Trump and European Commission President Ursula von der Leyen talk before their Davos meeting on January 21, 2020. Image copyright: Jim Watson/Contributor/AFP via Getty Images

The Spin

TheTrump's constanthardball tariffnegotiating threatstactics andare policyfinally reversalsforcing createthe unnecessaryEU marketto volatilitytake and undermine stable trade relationshipstalks betweenseriously allies.after Trump'syears erraticof approachunfair -treatment. threateningThe 50% tariffstariff onethreat daywas thenexactly grantingthe extensionswake-up thecall nextBrussels -needed, damagesas businessevidenced confidenceby andvon makesder long-termLeyen planningimmediately impossiblecalling forto companiesrequest onan bothextension sidesand ofpromising the"rapid" Atlanticnegotiations. The EU has consistentlybeen showntaking willingnessadvantage toof negotiateAmerica infor gooddecades faithwith their trade barriers, emphasizingVAT mutualtaxes, respectand overcorporate threatspenalties that create a massive $235 billion trade deficit, whileand Trump's confrontationalwillingness styleto riskswalk escalatingaway intofrom abad damagingdeals tradeis warwhat thatgets would hurt both economiesresults.

The constant tariff threats and policy reversals create unnecessary market volatility and undermine stable trade relationships between allies. Trump's erratic approach - threatening 50% tariffs one day then granting extensions the next - damages business confidence and makes long-term planning impossible for companies on both sides of the Atlantic. The EU has consistently shown willingness to negotiate in good faith, emphasizing mutual respect over threats, while Trump's confrontational style risks escalating into a damaging trade war that would hurt both economies.


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