The post EU-U.S. Call Postpones Tariffs, Eyes Energy Coordination – Coincu appeared on BitcoinEthereumNews.com.

Key Points: Von der Leyen and Trump postpone tariffs, focus on energy coordination. Tariff extension set for July 9 amid ongoing negotiations. Middle East tensions impact global energy discussions. European Commission President Ursula von der Leyen spoke with U.S. President Trump ahead of the G7 Summit to discuss energy market coordination and trade. The talk extended tariff negotiations until July 9. This meeting intends to reduce market volatility by enhancing transatlantic cooperation. Global energy markets may be influenced by ongoing discussions. Von der Leyen and Trump Extend Tariff Deadline The recent phone call between von der Leyen and Trump addressed several international issues. One primary focus was postponing the implementation of tariffs initially scheduled for June 1, now extended to July 9. In their discussions, the geopolitical situation in the Middle East, as well as trade negotiations, featured prominently. Von der Leyen has pledged to strive for a favorable agreement by the designated deadline. By extending tariffs, both leaders highlight a dedication to reducing potential disruptions in the markets. This postponement grants negotiators more time to reach mutually beneficial terms, possibly preventing extensive trade barriers. Energy markets are another focal point, particularly concerning instabilities in the Middle East. Reactions reveal a cautious optimism in market-sensitive circles. Von der Leyen shared her earlier statements on X (formerly Twitter) about the call, asserting the importance of maintaining pressure on Russia and discussing a Middle Eastern energy strategy: Trump affirmed the decision on Truth Social, emphasizing ongoing tariff negotiations. “Great call with President Trump ahead of the G7 Summit. We discussed the tense geopolitical situation in the Middle East and the need for close coordination of the impact on energy markets. We also discussed the situation in Ukraine, the imperative of a ceasefire and the need to maintain pressure on Russia. Finally, we…

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Filed under: News - @ June 15, 2025 1:18 am