<ul><li>President Trump extends the deadline for 50% tariffs on EU goods to July 9 after a phone call with EU Commission President Ursula von der Leyen.</li><li>The EU had been facing a 20% tariff, temporarily reduced to 10% until July 9 under reciprocal rates announced in April.</li><li>US equity-index futures rose after Trump's announcement, with discussions focusing on reducing tariffs to zero on goods and addressing non-tariff trade barriers.</li><li>Trump threatens a 50% tariff on $321 billion worth of US-EU goods trade, aiming to incentivize companies to manufacture in the US rather than overseas.</li></ul>

Trump Extends Deadline For 50% Tariffs On EU Goods To July 9

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