Donald Trump's threat to bring forward the application of tariffs against the European Union will not be carried out. After a discussion with Ursula von der Leyen, the pause remains in effect until 9 July.

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.

The next European Union budget, paying for EU policies in 2028-2034, must be more flexible, more focused and funded by new revenues to repay the joint EU borrowing for the pandemic fund, the head of the European Commission Ursula von der Leyen said.

President Donald Trump said Sunday that the U.S. will delay implementation of a 50% tariff on goods from the European Union from June 1 until July 9 to buy time for negotiations with the bloc. That agreement came after a call Sunday with Ursula von der Leyen,