Trump Delays EU Tariffs Until July 9th
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President Trump announced a delay until July 9th on a 50% tariff on EU imports, following a call with European Commission President von der Leyen. This delay follows Trump's previous statements indicating the tariff would go into effect on June 1st. The delay came after Trump stated he wasn't seeking a deal with the EU. Von der Leyen requested the delay to allow for negotiations. Asian markets responded positively to the news with modest gains.
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