🚛Trump Gives EU Six-Week Reprieve on 50 % Tariff Threat
Trade
International Economics
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
11
Which USTR online docket should businesses use to request product-specific tariff exclusions?
Short Answer
Civic Action
12
15
True or False: U.S. port unions endorsed the 50 % tariff as leverage in wage talks.
True/False
Supply Chain