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Trump Calls Putin ‘Crazy’, Delays 50% Tariffs on EU Goods | The Opening Trade 05/26

DeFi Daily News by DeFi Daily News
May 26, 2025
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Trump Calls Putin ‘Crazy’, Delays 50% Tariffs on EU Goods | The Opening Trade 05/26
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President Donald Trump said he was “absolutely” considering new sanctions against Russia as Moscow’s deadly campaign of missile and drone strikes across much of Ukraine extended into a third night. “I’m not happy with what Putin is doing,” Trump said before Moscow’s latest barrage. “He’s killing a lot of people, and I don’t know what the hell happened to Putin. I’ve known him a long time — always gotten along with him — but he’s sending rockets into cities and killing people, and I don’t like it at all.

Trump said he would extend the deadline for the European Union to face 50% tariffs until July 9 after a phone call with Commission President Ursula von der Leyen. The EU had been slated for a 20% tariff under those reciprocal rates announced in April, and a temporary pause took the rate down to 10%.

The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson and Kriti Gupta.

Chapters:
00:00:00 – The Opening Trade
00:01:50 – Trump: I Agreed to Moved EU Deadline
00:04:54 – US Dollar Weakens
00:07:40 – Trump is Eyeing Russia Sanctions
00:10:34 – Israel Aims to Take Over 75% of Gaza Strip
00:11:23 – EU Weighs Cutting 20 Banks from Swift
00:14:34 – Fed’s Kashkari: We’re Not in Wait and See Mode
00:28:44 – Trump Tariffs: EU Unfairly Targets US Firms
00:36:23 – Trump Calls Putin ‘Crazy’
00:41:10 – US Imports from EU
00:47:35 – Stocks to Watch: Cars, Pharma, Banco BPM
01:05:06 – EU Tariff Deadline July 9
01:08:11 – Spanish Gov. to Decide on BBVA Sabadell Deal
01:12:45 – Memorial Day
01:14:45 – Dollar to Erase 2024 Gains
01:26:53 – Ursula Von Der Leyen’s Call with Trump
01:32:24 – New Trade Playbook
——–
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