The post Trump Extends EU Tariff Deadline to July 2025 – Coincu appeared on BitcoinEthereumNews.com.

Key Points: Trump extends EU tariff deadline to July 9, impacting trade relations. Deadline pushed back after EU request. Negotiations between US and EU expected soon. U.S. President Donald Trump announced on May 25, 2025, the extension of the EU tariff deadline to July 9, 2025. The decision impacts U.S.-EU trade relations, positioning both parties for further trade negotiations. Trump Postpones EU Tariff Increase to July 9, 2025 U.S. President Donald Trump confirmed that he received a request from European Commission President Ursula von der Leyen to delay the 50% tariff deadline. Both parties agreed on the new deadline, with a phone call signaling future negotiations. Trump emphasized in his statement, “I believe this extension is a sign of good faith in our ongoing discussions with the European Union.” The extension shifts the deadline from June 1 to July 9, providing additional time for deliberations on trade policies. The strategic move aligns with ongoing efforts to stabilize economic relations between the U.S. and EU. In a statement, Trump indicated it was his “honor” to agree to the delay, hinting at cooperation between U.S. and EU leaders. The European Commission has yet to comment on further strategies or responses following this announcement. Trade Tensions and Global Market Implications Did you know? In the past, U.S. tariff decisions have often influenced global market trends, emphasizing the broader impact of trade policies. Bitcoin, symbol BTC, is currently valued at $109,948.07, with a market cap of $2.18 trillion. The cryptocurrency experiences a 6.42% gain over the past week. As of May 26, 2025, the circulation stands at 19,870,040 BTC, with market dominance of 63.21% (CoinMarketCap). Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 08:23 UTC on May 26, 2025. Source: CoinMarketCap Coincu research highlights potential outcomes from this extension, mentioning possible regulatory shifts and technological…

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Filed under: News - @ May 26, 2025 8:29 am