×
Home National Politics Business Bangladesh International Sports Entertainment Law & Justice More News Capital News Health Features Business Icon Technology Media Features Economy Education Literature Quran & Hadish Photo Gallery Editorial Religion Tours & Travels Tourism Guide Editors Corner Campus Youth Popular Organizations Country Wide Life Style Jobs Prism Notice History & Culture Messages Op-ed Wildlife Activities Foreign relation Accident Environment Asia Videoes Analysis Energy Book Reviews Literature Others KSA Arab World Cricket Football More Banking Corporate Global economy Real Estate Entrepreneur Start-up Telecom Summit Travel Art and Culture Food Book Fourth Estate View Letters to Editor Political Icon Diplomat Scholarship Career Job

Thursday 29th of May 2025 E-paper
* 3 killed in M`singh road mishap   * Jamaat leader Azharul acquitted from death penalty   * Strict security beefed up at Secretariat, visitors not allowed   * Trump Says `Not Happy` with Putin After Russia Strikes Ukraine   * Trump pauses 50% EU tariffs until July 9   * UN chief says Gaza war in ‘cruelest phase’ as aid trucks looted   * ECNEC meeting begins   * Tidal surge sweeps away 100 cattle in Munshiganj   * 17 dengue patients hospitalized in last 24 hrs   * UK freezes London assets of Salman F Rahman’s son  
   International
  Trump pauses 50% EU tariffs until July 9

International Desk : US President Donald Trump said Sunday that he would pause his threatened 50 percent tariffs on the European Union until July 9, after a "very nice call" with EU chief Ursula von der Leyen.

Trump had threatened on Friday to invoke the steep tariffs as soon as June 1, saying talks with the European Union over his previous levies were "going nowhere."

Von der Leyen "just called me... and she asked for an extension on the June 1st date, and she said she wants to get down to serious negotiation," Trump told reporters before boarding Air Force One in Morristown, New Jersey.

"And I agreed to do that," he added.

Von der Leyen had earlier said on X that she held a "good call" with Trump, but that "to reach a good deal, we would need the time until July 9."

"Europe is ready to advance talks swiftly and decisively," said the president of the European Commission, which conducts trade policy for the 27-nation bloc.

Brussels and Washington have been negotiating in a bid to avert an all-out transatlantic trade war, and had agreed to suspend tariff action on both sides until July.

But Trump`s threat on Friday dramatically raised the stakes.

The US leader said Friday he was "not looking for a deal" with the EU, repeating his oft-stated view that the bloc was created to "take advantage" of the United States.

German Finance Minister Lars Klingbeil separately on Sunday called for "serious negotiations" with Washington, saying he had spoken with his US counterpart Scott Bessent about the matter.

"We don`t need any further provocations, but serious negotiations," Klingbeil, who is also Germany`s vice chancellor, told Bild newspaper.

"The US tariffs endanger the US economy just as much as the German and European economy," Klingbeil warned.

Trump has hit the bloc with three sets of tariffs: 25 percent on steel and aluminium and on automobiles, followed by a 20-percent "reciprocal" levy on all imports -- which has been suspended pending talks, though a baseline 10 percent remains in force.

The EU`s trade chief Maros Sefcovic, who held talks with his US counterparts on Friday, responded to Trump`s latest outburst by saying the bloc was "committed to securing a deal" but that trade ties should be based on "mutual respect, not threats".

Brussels has announced plans to hit US goods worth nearly 100 billion euros ($113 billion) with tariffs if negotiations fail to produce a deal.

The US trade deficit in goods with the European Union was $236 billion in 2024.

But when taking account of services, where American firms are dominant, the European Commission calculates that the US trade deficit stood at 50 billion euros ($57 billion).

Source: AFP



  
Share Button
  

    
Iran executes man convicted of spying for Israel: judiciary
.............................................................................................
Chemical plant blast in China kills 5, leaves 6 missing
.............................................................................................
Saudi to celebrate Eid-ul-Azha on June 6
.............................................................................................
27 hospitalised as car rams into Liverpool title celebration crowd
.............................................................................................
Putin’s helicopter caught in Ukrainian drone swarm
.............................................................................................
Vietnam`s Vietjet Air to buy 20 Airbus A330s: airline statement
.............................................................................................
Trump Says `Not Happy` with Putin After Russia Strikes Ukraine
.............................................................................................
Israeli Strike on Gaza School Kills 20, Many Injured
.............................................................................................
Trump pauses 50% EU tariffs until July 9
.............................................................................................
Kerala on alert as toxic cargo ship sinks in Arabian Sea
.............................................................................................
France`s Macron arrives in Vietnam for Southeast Asia tour: AFP
.............................................................................................
US strikes on Yemen kill Al-Qaeda members: Yemeni security source
.............................................................................................
Malaysia calls for Myanmar truce extension
.............................................................................................
Syrian govt visits notorious camp for first time since Kurds deal
.............................................................................................
Russian fire kills 4 in west Ukraine: regional official
.............................................................................................
Russia says it captures 3 more settlements in east Ukraine
.............................................................................................
Indian leadership`s rhetoric reflects Hindutva mindset: Pakistan envoy to US
.............................................................................................
US Steel shares skyrocket after Trump backs Nippon Steel `partnership`
.............................................................................................
UAE tops 50C in highest May temperature on record
.............................................................................................
Custodian of the Two Holy Mosques Orders Hosting of 1,300 Pilgrims from 100 Nations for Hajj
.............................................................................................
Judge blocks Trump rule barring foreign students at Harvard
.............................................................................................
UN chief says Gaza war in ‘cruelest phase’ as aid trucks looted
.............................................................................................
Russia-Ukraine release almost 800 prosoners in single day
.............................................................................................
Imran Khan Strongly Criticizes Pakistan`s Army Chief
.............................................................................................
Denmark raises retirement age to 70 by 2040
.............................................................................................
Bird flu outbreaks in mammals double, raising human risk: report
.............................................................................................
Sudan denies using chemical weapons after US imposes sanctions
.............................................................................................
51 killed in Israeli strikes on Gaza
.............................................................................................
Putin visits Kursk region after Russian forces reclaim territory from Ukraine
.............................................................................................
British climber reaches Everest summit for a record 19th time, plans for 20th
.............................................................................................
Blast hits school bus in Pakistan, kills four children
.............................................................................................
India arrests 11 for alleged spying for Pakistan
.............................................................................................
Rio Tinto invests in major Chilean lithium project
.............................................................................................
EU looks to give four billion euros in aid to Egypt
.............................................................................................
Former Senegal minister charged over Covid fund fraud
.............................................................................................
Trump engages Putin in phone call amid Ukraine war stalemate
.............................................................................................
Suicide bomb kills several at Somali army camp: ministry
.............................................................................................
Italian MPs rally at Rafah border against war in Gaza
.............................................................................................
17 killed in residential building fire in India`s Hyderabad
.............................................................................................
Spain PM calls for pressure on Israel to halt Gaza `massacre`
.............................................................................................
Severe storms, tornadoes kill more than 25 in south-central US
.............................................................................................
5 killed in mid-air helicopter collision in Finland
.............................................................................................
Mexican Navy ship crashes into New York`s Brooklyn Bridge, multiple injured
.............................................................................................
Turkey discovers new natural gas reserve in Black Sea
.............................................................................................
Trump will `react` to Putin`s Ukraine `cynicism`: Macron
.............................................................................................
Canberra slams Russian jailing of Australian who fought for Ukraine
.............................................................................................
US states oppose AI regulation ban in Trump tax bill
.............................................................................................
Two climbers die on Everest
.............................................................................................
Europe seeks Trump`s input on Russia talks
.............................................................................................
Turkey FM meets Russia delegation in Istanbul
.............................................................................................
Chief Advisor: Md. Tajul Islam,
Editor & Publisher Fatima Islam Tania and Printed from Bismillah Printing Press, 219, Fakirapul, Dhaka-1000
Editorial Office: 219, Fakirapul (1st Floor), Dhaka-1000.
Phone: 02-41070996, Mobile: 01720090514, E-mail: [email protected]
2022 @ All Right Reserved By www.themuslimtimes-bd.com