US President Donald Trump announced on Sunday that he was suspending planned 50% tariffs on the European Union until July 9.
He made the announcement on his Truth Social network.
That agreement came after a call Sunday with Ursula von der Leyen, the president of the European Commission.
"Good call with @POTUS," Von der Leyen wrote on X. "The EU and US share the world’s most consequential and close trade relationship. Europe is ready to advance talks swiftly and decisively. To reach a good deal, we would need the time until July 9."
More to follow...
Edited by: Karl Sexton