Farms.com Home  › News

Tariffs on EU change again

President Donald Trump said May 25 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.

That agreement came after a call Sunday with Ursula von der Leyen, the president of the European Commission, who had told Trump that she "wants to get down to serious negotiations," according to the U.S. president's retelling.

"I told anybody that would listen, they have to do that," Trump told reporters May 25 in Morristown, New Jersey, as he prepared to return to Washington. Von der Leyen, Trump said, vowed to "rapidly get together and see if we can work something out."

In a social media post May 23, Trump had threatened to impose the 50% tariff on EU goods, complaining that the 27-member bloc had been "very difficult to deal with" on trade and that negotiations were "going nowhere." Those tariffs would have kicked in starting June 1.

Click here to see more...

Trending Video

Heavy September Rain Threatens Corn and Soybean Harvest

Video: Heavy September Rain Threatens Corn and Soybean Harvest

Heavy September rain soaked fields across eastern Nebraska, Iowa and southern Wisconsin, with some areas reporting more than 15 inches. Wet conditions could delay corn and soybean harvest as farmers wait for fields to dry and crop moisture to fall.