Topline
President Donald Trump on Thursday delayed tariffs on European Union exports until July 4 to give the EU time to meet the terms of the trade deal reached with the U.S. last year.
President Donald Trump speaks during a Military Mother’s Day Event in the East Room of the White House in Washington, DC, on May 6, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)
AFP via Getty Images
Key Facts
Trump announced the decision after what he described as a “great call” with the president of the European Commission, Ursula von der Leyen.
Trump announced last week he was raising tariffs on vehicles imported from the European Union from 15% to 25%, accusing the EU of failing to comply with the trade deal.
This is a developing story and will be updated.
Source: https://www.forbes.com/sites/saradorn/2026/05/07/trump-delays-new-european-union-tariffs-to-july-4/
