Trump agrees to postpone introduction of 50% tariffs on EU goods

President Donald #Trump has agreed to postpone the introduction of 50% tariffs on exports from the European Union until July 9.

"I received a call today from Ursula von der Leyen, President of the European Commission, requesting an extension on the June 1st deadline on the 50% Tariff with respect to Trade and the European Union. I agreed to the extension – July 9, 2025," he wrote on the Truth Social network. The US leader added that "The Commission President said that talks will begin rapidly."

Earlier, Trump recommended to introduce the tariffs at the rate of 50% on EU goods beginning on June 1 due to difficulties in trade talks. Trade barriers, the value-added tax, corporate penalties, non-monetary obstacles and other steps on the part of the European Union "have led to a trade deficit with the US of more than $250,000,000 a year, a number which is totally unacceptable," the US leader emphasized.

May 23rd, 2025 - President Trump Statement

"The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult to deal with. Their powerful Trade Barriers, Vat Taxes, ridiculous Corporate Penalties, Non-Monetary Trade Barriers, Monetary Manipulations, unfair and unjustified lawsuits against Americans Companies, and more, have led to a Trade Deficit with the U.S. of more than $250,000,000 a year, a number which is totally unacceptable. Our discussions with them are going nowhere! Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025. There is no Tariff if the product is built or manufactured in the United States. Thank you for your attention to this matter!"

Apr. 27, 2025 - President Trump Statement

"When Tariffs cut in, many people’s Income Taxes will be substantially reduced, maybe even completely eliminated. Focus will be on people making less than $200,000 a year. Also, massive numbers of jobs are already being created, with new plants and factories currently being built or planned. It will be a BONANZA FOR AMERICA!!! THE EXTERNAL REVENUE SERVICE IS HAPPENING!!!"

Apr. 7, 2025: President Trump Statements

Nota: US Crude Oil Futures Drop Below $60 per Barrel to Lowest Level in 4 Years

"Yesterday, China issued Retaliatory Tariffs of 34%, on top of their already record setting Tariffs, Non-Monetary Tariffs, Illegal Subsidization of companies, and massive long term Currency Manipulation, despite my warning that any country that Retaliates against the U.S. by issuing additional Tariffs, above and beyond their already existing long term Tariff abuse of our Nation, will be immediately met with new and substantially higher Tariffs, over and above those initially set. Therefore, if China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th. Additionally, all talks with China concerning their requested meetings with us will be terminated! Negotiations with other countries, which have also requested meetings, will begin taking place immediately. Thank you for your attention to this matter!"

"Countries from all over the World are talking to us. Tough but fair parameters are being set. Spoke to the Japanese Prime Minister this morning. He is sending a top team to negotiate! They have treated the U.S. very poorly on Trade. They don’t take our cars, but we take MILLIONS of theirs. Likewise Agriculture, and many other “things.” It all has to change, but especially with CHINA!!!"

"The United States has a chance to do something that should have been done DECADES AGO. Don’t be Weak! Don’t be Stupid! Don’t be a PANICAN (A new party based on Weak and Stupid people!). Be Strong, Courageous, and Patient, and GREATNESS will be the result!"

"Oil prices are down, interest rates are down (the slow moving Fed should cut rates!), food prices are down, there is NO INFLATION, and the long time abused USA is bringing in Billions of Dollars a week from the abusing countries on Tariffs that are already in place. This is despite the fact that the biggest abuser of them all, China, whose markets are crashing, just raised its Tariffs by 34%, on top of its long term ridiculously high Tariffs (Plus!), not acknowledging my warning for abusing countries not to retaliate. They’ve made enough, for decades, taking advantage of the Good OL’ USA! Our past “leaders” are to blame for allowing this, and so much else, to happen to our Country. MAKE AMERICA GREAT AGAIN!"

Macron urges Europe to reject subservient dependency on US

France's #Macron has urged Europeans to reject the feudal dependency on the United States.

"I can see many in #Europe say that it is essential to be courteous with the US," the AFP news agency quoted the president as saying during his official visit to Portugal. "We need to be polite, but we also need to protect what we are. Obeying is not the answer. I am against the ‘happy vassalage.’"
According to the French leader, Europe has to evolve "in order to regain power." "Europe must rediscover the taste of risk, ambition, and power," he believes.

On February 10, US President #Trump introduced 25% tariffs on all steel and aluminum imports. They are expected to take effect on March 12. This would affect imports from Argentina, Australia, Brazil, the UK, Canada, #EU states, Mexico, South Korea, and Japan.

Feb 3, 2025 - Statements by President Trump on Mexico, Canada

"I just spoke with President Claudia #Sheinbaum of #Mexico. It was a very friendly conversation wherein she agreed to immediately supply 10,000 Mexican #Soldiers on the Border separating Mexico and the United States. These soldiers will be specifically designated to stop the flow of #fentanyl, and illegal #migrants into our Country. We further agreed to immediately pause the anticipated tariffs for a one month period during which we will have negotiations headed by Secretary of State Marco #Rubio, Secretary of Treasury Scott Bessent, and Secretary of Commerce Howard Lutnick, and high-level Representatives of Mexico. I look forward to participating in those negotiations, with President Sheinbaum, as we attempt to achieve a “deal” between our two Countries."

"#Canada doesn’t even allow U.S. Banks to open or do business there. What’s that all about? Many such things, but it’s also a DRUG WAR, and hundreds of thousands of people have died in the U.S. from drugs pouring through the Borders of Mexico and Canada. Just spoke to Justin #Trudeau. Will be speaking to him again at 3:00 P.M."

Trump announces talks with Canada, Mexico following decision to impose tariffs

President #Trump said he will conduct talks with Canadian Prime Minister Justin #Trudeau and Mexican President Claudia #Sheinbaum on February 3. "I've spoken with people from Canada, I've spoken with people from Mexico, and I've spoken to a lot of other people too. I'm speaking with prime minister Trudeau tomorrow morning, and I'm also speaking with Mexico tomorrow morning. I don't expect anything very dramatic, we put tariffs on. They owe us a lot of money, and I'm sure they're going to pay," he told reporters at the Joint Base Andrews.
On Saturday, President Trump signed an executive order, applying tariffs against goods from Canada, China and Mexico. The document states that duties of 25% are imposed against imports from Mexico and Canada (10% on Canadian energy products). Additional tariffs of 10% are imposed against Chinese goods. According to Trump, this effort was made because of the "extraordinary threat posed by illegal aliens and drugs, including deadly fentanyl" that kill US citizens.

In response, the #Canadian authorities imposed retaliatory duties of 25% on American goods totaling 155 bln Canadian dollars ($106.5 bln). Prime Minister Justin Trudeau said that Ottawa is also considering non-tariff retaliatory measures against the United States concerning critical minerals and energy.

#Mexico's president said her country will respond to the imposition of duties by the US with tariffs and non-tariff measures, but remains open to dialogue and suggested Trump create a working group to resolve the situation.

President Trump officially announces 25% tariffs on both #Canada and #Mexico.

These tariffs are set to go into effect on February 1st and "may or may not rise with time."

Greenland welcomes US investments in its economy, says minister

#Greenland is interested in US investments in its economy, including mining and energy, said Naaja #Nathanielsen, Minister of Business, Trade, Mineral Resources, Justice and Gender Equality of the autonomous territory. "There are ample opportunities for American investments into Greenland. <…> We primarily have the first part of the value chain both in the fishing and the mineral sectors. But tech has a growing impact in these sectors and investments into this would be very interesting. Also, our developing energy sector would be a great place for American tech investments, not to mention infrastructure and possibly in defense as well," she said in an interview with The American Conservative journal. The politician also added that the island's authorities are currently working on a foreign direct investment act that will ensure a screening of foreign investors into Greenland.

According to Nathanielsen, especially Greenland's the mining sector could be beneficial to securing supply chains to the U.S., since the island has many of the minerals, which are on the US list of critical minerals. In this context, the minister expressed hope for a new cooperation agreement with the United States in this area.

On January 7, President #Trump said that Greenland should join the United States. He threatened to impose high trade tariffs on Denmark if it did not cede the island to the United States. During his first presidential term, Trump proposed buying Greenland. Back then, the Danish and Greenlandic authorities rejected the idea.

President Trump announces upcoming U.S. tariffs on Taiwan’s semiconductor and pharmaceutical imports.

#Trump plans 25-100% tariffs on #Taiwan-made semiconductors to push U.S. firms like TSMC to shift production back at the U.S.