Trump delays EU tariffs until July 9, European markets rally
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 26 2025
0mins
Source: Reuters
Trump Delays Tariff Imposition: President Trump has postponed the proposed 50% tariffs on EU imports, restoring a July 9 deadline for trade negotiations after a call with European Commission President Ursula von der Leyen, who requested more time to reach an agreement.
Market Reactions: Following the tariff delay announcement, European assets rallied, with the euro rising against the dollar and European shares recovering losses, while concerns about escalating trade tensions between the U.S. and EU remain prevalent.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
