50% Tariff - Start Day Shifts To July 9 After Trump, Ursula Phone Talk
https://osazuwaakonedo.news/50-tariff-start-day-shifts-to-july-9-after-trump-ursula-phone-talk/26/05/2025/
#Issues #EU #Trump #Ursula #US ©May 26th, 2025 ®May 26, 2025 7:30 pm Both European Commission President, Ursula Von Der Leyen and the United States, US President, Donald Trump have confirmed that the start date for the US newly imposed 50 percent tariff on goods not made or manufactured in the North America country, specifically, goods from European countries, has been shifted from June 1st to July 9, 2025 after the two leaders had a phone conversations on Sunday, and agreed for an extension of time so that the 27 member countries that made up the EU single market block maybe able to reach a good deal with the United States. #OsazuwaAkonedo
https://osazuwaakonedo.news/50-tariff-start-day-shifts-to-july-9-after-trump-ursula-phone-talk/26/05/2025/
#Issues #EU #Trump #Ursula #US ©May 26th, 2025 ®May 26, 2025 7:30 pm Both European Commission President, Ursula Von Der Leyen and the United States, US President, Donald Trump have confirmed that the start date for the US newly imposed 50 percent tariff on goods not made or manufactured in the North America country, specifically, goods from European countries, has been shifted from June 1st to July 9, 2025 after the two leaders had a phone conversations on Sunday, and agreed for an extension of time so that the 27 member countries that made up the EU single market block maybe able to reach a good deal with the United States. #OsazuwaAkonedo
Category
🗞
NewsTranscript
00:00Both European Commission President, Ursula von der Leyen and the United States, U.S. President, Donald Trump have confirmed that the start date for the U.S. newly imposed 50% tariff on goods not made or manufactured in the North America country, specifically, goods from European countries, has been shifted from June 1 to July 9, 2025 after the two leaders had a phone conversations on Sunday,
00:26and agreed for an extension of time so that the 27 member countries that made up the EU single market bloc may be able to reach a good deal with the United States.
00:37President Trump said Sunday that the U.S. will delay implementation of the 50% tariff on goods from the European Union from June 1 until July 9.
00:47He said he took the decision after he had a call on Sunday with Ursula von der Leyen, the President of the European Commission, who Trump said had told him that she, wants to get down to serious negotiations.
01:00Trump told reporters while he was about to board a plane on Sunday that he has granted the request.
01:06We had a very nice call, and I agreed to move it, Trump said before returning to Washington after a weekend in New Jersey.
01:15She said we will rapidly get together and see if we can work something out.
01:19On his Truth social media handle, President Donald Trump stated that,
01:24I received a call today from Ursula von der Leyen, President of the European Commission,
01:31requesting an extension on the June 1 deadline on the 50% tariff with respect to trade and the European Union.
01:38I agreed to the extension July 9, 2025.
01:42It was my privilege to do so.
01:45The Commission, President said that talks will begin rapidly.
01:48Thank you for your attention to this matter.
01:51Ursula von der Leyen, also on her ex-social media handle on Sunday,
01:56said that she had a, good call with a POTUS President of the United States, Donald Trump.
02:02The EU and US share the world's most consequential and close trade relationship.
02:08Europe is ready to advance talks swiftly and decisively.
02:11To reach a good deal, we would need the time until July 9, Ursula tweeted.
02:16We had reported that, as at the time of filing in news report on Saturday night,
02:22leaders in the European countries have kept mum ever since.
02:26On Friday, the United States, US President, Donald Trump announced plans to impose 50% tariff
02:33on goods not made in the North America country that comes from European countries,
02:38with a specific threat to impose 25% tariff on Apple if the iPhone manufacturer does not move
02:44production to the United States.
02:46This, President Donald Trump based his actions on what he claimed to be cases of unfair and
02:52unjustified lawsuits filed by the European countries against American companies among other reasons.
02:58But, it could be recalled that, earlier in the month of April 2025, when President Trump issued
03:05the first tariff threat of 25% on European goods, the immediate past Germany Chancellor,
03:12Olaf Scholz had said that even if European countries did nothing in response to Donald Trump imposed
03:19tariffs, the increased tariffs will cause a big problems in the US economy.
03:23Adding that, Trump intending tariff increment on EU goods is an economic error, and the
03:30European Commission President, Ursula von der Leyen had also in early April 2025 said that
03:36the EU countries is the largest single market in the world and the EU have what it takes
03:41to retaliate or strike back.
03:44We had reported that the escalating trade war between the two biggest economies in the
03:48world, China and the United States, US may take a new twist as the China leader.
03:53Xi Jinping on Friday for the first time issued a public statement in reaction to President
03:59Donald Trump continuous issuance of apparently outrageous self-imposed tariffs on goods exported
04:05by other countries to the US, with the President stating clearly to Trump,
04:10that China is not afraid of US.
04:12This is in addition to Jinping's earlier statement he issued on November 5, 2018 during the first
04:18tenure of President Donald Trump that the Chinese economy is an ocean and not a pond,
04:23that China economy can withstand strong winds and storms.
04:27A.
04:28A.
04:29A.
04:30A.
04:31A.
04:32A.
04:33A.
04:34A.
04:35A.
04:37A.
04:38A.
04:40B.