The Prague Post - Trump extends EU tariff deadline until July 9

EUR -
AED 4.191201
AFN 79.474436
ALL 98.298527
AMD 435.766248
ANG 2.042151
AOA 1046.914205
ARS 1289.599066
AUD 1.749035
AWG 2.055354
AZN 1.936153
BAM 1.957895
BBD 2.294367
BDT 138.388068
BGN 1.963061
BHD 0.428409
BIF 3381.684961
BMD 1.141071
BND 1.461679
BOB 7.851401
BRL 6.443289
BSD 1.13637
BTN 96.851626
BWP 15.253392
BYN 3.718278
BYR 22364.989437
BZD 2.282552
CAD 1.562622
CDF 3269.168212
CHF 0.935633
CLF 0.027972
CLP 1073.428014
CNY 8.220621
CNH 8.177148
COP 4745.211759
CRC 577.986799
CUC 1.141071
CUP 30.238379
CVE 110.383104
CZK 24.843625
DJF 202.353996
DKK 7.459863
DOP 67.109744
DZD 150.475188
EGP 56.711788
ERN 17.116063
ETB 153.829089
FJD 2.56946
FKP 0.843348
GBP 0.840039
GEL 3.126663
GGP 0.843348
GHS 12.554433
GIP 0.843348
GMD 82.156942
GNF 9843.265048
GTQ 8.721331
GYD 237.704332
HKD 8.941796
HNL 29.578147
HRK 7.532552
HTG 148.680808
HUF 403.804437
IDR 18464.809136
ILS 4.08557
IMP 0.843348
INR 96.977275
IQD 1488.392507
IRR 48067.611105
ISK 145.00697
JEP 0.843348
JMD 180.579323
JOD 0.809004
JPY 162.466829
KES 146.832775
KGS 99.786779
KHR 4548.22511
KMF 495.790118
KPW 1026.963789
KRW 1555.975142
KWD 0.349749
KYD 0.946813
KZT 581.111761
LAK 24547.264364
LBP 101800.821866
LKR 340.153948
LRD 227.233128
LSL 20.33696
LTL 3.369285
LVL 0.690223
LYD 6.208486
MAD 10.443874
MDL 19.701079
MGA 5081.126762
MKD 61.595905
MMK 2395.441138
MNT 4079.747601
MOP 9.163404
MRU 45.190698
MUR 52.158191
MVR 17.641005
MWK 1970.375856
MXN 21.913508
MYR 4.795353
MZN 72.925558
NAD 20.33696
NGN 1807.525124
NIO 41.818042
NOK 11.490972
NPR 154.981158
NZD 1.894412
OMR 0.438078
PAB 1.136216
PEN 4.156948
PGK 4.658536
PHP 63.090385
PKR 320.282593
PLN 4.255727
PYG 9065.931592
QAR 4.141131
RON 5.051975
RSD 117.345554
RUB 90.199675
RWF 1627.777019
SAR 4.279818
SBD 9.528817
SCR 16.34131
SDG 685.211194
SEK 10.808121
SGD 1.461455
SHP 0.896703
SLE 25.92564
SLL 23927.686265
SOS 649.388716
SRD 42.422164
STD 23617.863603
SVC 9.941637
SYP 14835.968338
SZL 20.334519
THB 36.982377
TJS 11.64576
TMT 3.999453
TND 3.396134
TOP 2.672501
TRY 44.525345
TTD 7.723264
TWD 34.107869
TZS 3075.453034
UAH 47.168275
UGX 4147.437554
USD 1.141071
UYU 47.200502
UZS 14661.687283
VES 108.226609
VND 29565.146751
VUV 137.890564
WST 3.069035
XAF 656.754663
XAG 0.034053
XAU 0.000341
XCD 3.083801
XDR 0.816785
XOF 656.7489
XPF 119.331742
YER 278.24965
ZAR 20.325057
ZMK 10271.006888
ZMW 31.078474
ZWL 367.424361
  • BCC

    -0.7700

    86.56

    -0.89%

  • SCS

    -0.0600

    10.09

    -0.59%

  • NGG

    1.1600

    74.79

    +1.55%

  • CMSD

    0.1600

    21.89

    +0.73%

  • JRI

    0.0500

    12.69

    +0.39%

  • BCE

    0.0600

    21.53

    +0.28%

  • GSK

    -0.2600

    38.66

    -0.67%

  • RIO

    0.4600

    61.58

    +0.75%

  • RBGPF

    65.0500

    65.05

    +100%

  • CMSC

    -0.0200

    21.94

    -0.09%

  • RELX

    0.4600

    55.44

    +0.83%

  • VOD

    -0.0700

    10.47

    -0.67%

  • AZN

    0.4600

    70.41

    +0.65%

  • RYCEF

    0.1200

    11.32

    +1.06%

  • BTI

    0.6200

    45.22

    +1.37%

  • BP

    0.1500

    29.09

    +0.52%

Trump extends EU tariff deadline until July 9
Trump extends EU tariff deadline until July 9 / Photo: SAUL LOEB - AFP

Trump extends EU tariff deadline until July 9

US President Donald Trump said Sunday that he would pause his threatened 50 percent tariffs on the European Union until July 9, after a "very nice call" with EU chief Ursula von der Leyen.

Text size:

Trump had threatened on Friday to invoke the steep tariffs as soon as June 1, saying talks with the European Union over his previous levies were "going nowhere."

Von der Leyen "just called me... and she asked for an extension on the June 1st date, and she said she wants to get down to serious negotiation," Trump told reporters before boarding Air Force One in Morristown, New Jersey.

"And I agreed to do that," he added.

Von der Leyen had earlier said on X that she held a "good call" with Trump, but that "to reach a good deal, we would need the time until July 9."

"Europe is ready to advance talks swiftly and decisively," said the president of the European Commission, which conducts trade policy for the 27-nation bloc.

Brussels and Washington have been negotiating in a bid to avert an all-out transatlantic trade war, and had agreed to suspend tariff action on both sides until July.

But Trump's threat on Friday dramatically raised the stakes.

The US leader said Friday he was "not looking for a deal" with the EU, repeating his oft-stated view that the bloc was created to "take advantage" of the United States.

German Finance Minister Lars Klingbeil separately on Sunday called for "serious negotiations" with Washington, saying he had spoken with his US counterpart Scott Bessent about the matter.

"We don't need any further provocations, but serious negotiations," Klingbeil, who is also Germany's vice chancellor, told Bild newspaper.

"The US tariffs endanger the US economy just as much as the German and European economy," Klingbeil warned.

Trump has hit the bloc with three sets of tariffs: 25 percent on steel and aluminium and on automobiles, followed by a 20-percent "reciprocal" levy on all imports -- which has been suspended pending talks, though a baseline 10 percent remains in force.

The EU's trade chief Maros Sefcovic, who held talks with his US counterparts on Friday, responded to Trump's latest outburst by saying the bloc was "committed to securing a deal" but that trade ties should be based on "mutual respect, not threats".

Brussels has announced plans to hit US goods worth nearly 100 billion euros ($113 billion) with tariffs if negotiations fail to produce a deal.

The US trade deficit in goods with the European Union was $236 billion in 2024.

But when taking account of services, where American firms are dominant, the European Commission calculates that the US trade deficit stood at 50 billion euros ($57 billion).

X.Kadlec--TPP