U.S. President Donald Trump has extended the deadline for tariff negotiations with the European Union to July 9, following a productive phone call with European Commission President Ursula von der Leyen.

Last month, Trump imposed a 20% tariff on most EU imports, later reducing it to 10% to allow space for dialogue. He had previously warned of increasing tariffs to 50% by June 1 if talks stalled.

The extension aims to give both sides more time to reach a fair trade deal. EU leaders have reiterated their commitment to diplomacy and mutual respect to avoid economic fallout.

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