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Trump Extends Deadline for 50% Tariffs on EU Goods | Daybreak Europe 05/26/2025

DeFi Daily News by DeFi Daily News
May 26, 2025
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Trump Extends Deadline for 50% Tariffs on EU Goods | Daybreak Europe 05/26/2025
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Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.

On today’s show, US President Trump says he will pause his 50% tariffs on the European Union until July 9th after speaking with Commission President Ursula von der Leyen. The move allows for more time to negotiate a trade deal between Washington and Brussels.

Meanwhile, President Trump says he is considering new sanctions against Russia, after Moscow launched a second night of deadly missile and drone strikes across much of Ukraine. Trump’s comments come as he appears to grow frustrated with Russian President Vladimir Putin, with ceasefire efforts losing momentum.

Chapters:
00:00:00 – Daybreak: Europe
00:01:03 – Trump Extends EU Tariff Deadline
00:03:03 – Trump: EU Tariff Deadline Moved To July 9th
00:08:47 – European Stock Futures Rise as Trump Extends Tariff Deadline
00:11:23 – Kashkari: Shock Of Tariffs Is Stagflationary
00:16:34 – US Tariffs Loom Over ASEAN Summit
00:16:59 – ASEAN Summit Starts In Kuala Lumpur
00:24:57 – Trump Extends EU Tariff Deadline
00:31:52 – Bessent: Expect Large Trade Deals In Coming Weeks
00:34:56 – Trump Calls Putin ‘Crazy’
00:41:35 – Markets Latest
——–
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Tags: ASEANAsean SummitAvril HongDaybreakdeadlineDonald TrumpEU US relationsEuropeEuropean UnionExtendsFederal ReserveGoodsisrael hamasKriti GuptaMark Cranfieldoliver crookState of Israeltarifftariff exemptionstariff postponetariffstariffs trumpTrumptrump tariffsU.S.-Asean RelationsUnited States GovernmentUrsula Von Der LeyenUS Europe Trade
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