Trump Threatens 50% Tariff on EU, Delays Deadline to July 9

President Trump threatened to impose a 50% tariff on all European Union imports starting June 1, 2025, citing stalled trade negotiations. Within days, Trump delayed the deadline to July 9 after EU officials signaled renewed talks. The threat rattled global markets and escalated ongoing transatlantic trade tensions that began with the April 2025 Liberation Day tariff announcement.