Trump Agrees to Extend Tariff Deadline on EU to July 9

ChainCatcher reports that U.S. President Trump posted on social media early this morning, stating, "Today I received a call from European Commission President Ursula von der Leyen, requesting to extend the deadline for the 50% tariff related to EU trade to June 1. I agreed to extend it—July 9, 2025—it's my honor. The Commission President stated that negotiations will begin swiftly."