AssetID: 54799325
Headline: UNCAPTIONED: Trump Extends EU Trade Talks After Threatening 50% Tariffs
Caption: Trump Extends EU Trade Talks After Threatening 50% Tariffs. President Trump has agreed to give the European Union more time to reach a trade deal, extending a key tariff deadline to July 9. The move comes after he threatened to raise tariffs on EU imports to 50%, expressing frustration with the pace of negotiations. Originally set at 20%, tariffs were lowered to 10% to allow talks, but Trump warned of a steep hike if progress wasn’t made by June 1. A weekend call with EU Commission President Ursula von der Leyen, which Trump described as “very nice,” led to the extension. Von der Leyen agreed more time was needed to secure a fair deal, noting the EU is ready to move “swiftly and decisively”. Despite strong trade ties, Trump has repeatedly criticized the $230 billion trade gap in the EU’s favour. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
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