Trump proposes 50% EU tariff
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That agreement came after a call Sunday with Ursula von der Leyen, the president of the European Commission, who had told President Trump that she “wants to get down to serious negotiations,” according to Trump’s retelling.
Trump agrees to extend the proposed 50% EU tariff to July 9, 2025, after a call with European Commission President Ursula von der Leyen. Talks are set to "begin rapidly," he said.
President Donald Trump spoke with Russian President Vladimir Putin about ending the war in Ukraine, hosted the president of South Africa at the White House and threatened more stringent tariffs against the European Union this week.
Trump's surprise 50% EU tariff triggers $300M in crypto liquidations as Bitcoin and altcoins reel from renewed trade war fears.
BYD sold more pure battery electric vehicles than Tesla for the first time last month, a "watershed moment" for the region's car market, JATO Dynamics said.