🚛Trump delays 50% European tariffs for six weeks amid trade talks
Trade & Commerce
On May 25 Trump postponed his promised 50 percent tariff on EU goods until July 9 after a call with Commission President Ursula von der Leyen, keeping the current 10 percent rate while talks continue.
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Key Takeaways
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Why This Matters
💰 Your Wallet:
Avoids an instant price spike on autos, wine and machinery.
💼 Your Job:
Auto-supply-chain workers still face uncertainty if talks fail.
💪 Your Leverage:
Extension underscores Trump's "tariff brinkmanship" strategy first used on Mexico and China.
📈 Your Markets:
EU stocks rebounded 2 % on the news, showing volatility tied to trade tweets.
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Detailed Content
1
Trump postponed the threatened 50 % EU tariff until which new deadline?
Multiple Choice
Trade
2
Which European stock index jumped roughly 2 % on the tariff-delay news?
Multiple Choice
Economics
4
What was the highest rate imposed on autos during Trump’s first-term EU tariff threats?
Multiple Choice
History
5
Which U.S. ally received a permanent exemption from steel/aluminum tariffs in 2019 after quota talks?
Multiple Choice
Comparative
6
Which G7 leader said ‘‘now is not the time to mess with EU-US trade’’ on June 16 2025?
Multiple Choice
Politics
7
Eurobarometer (May 2025) found what percentage of EU citizens viewed U.S. trade policy as ‘‘unreliable’’?
Multiple Choice
Public Opinion
8
Which EU member state is most exposed, shipping about €8 billion of autos annually to the U.S.?
Multiple Choice
Economics
9
UBS estimated the 50 % tariff could shave how much off 2025 EU GDP?
Multiple Choice
Finance
10
Section 232 tariffs are justified under which constitutional authority?
Multiple Choice
Law