President Trump said the U.S. will delay a threatened 50% tariff on goods from the European Union from June 1 until July 9.

President Donald Trump said Sunday that the U.S. will delay implementation of a 50% tariff on goods from the European Union from June 1 until July 9 to buy time for negotiations with the bloc.

The European Union is actively working to avert the full impact of tariffs threatened by President Donald Trump. This mobilization follows Trump's threat to impose a 50% tariff on EU imports. With a new deadline set,