BRUSSELS, May 26 (Reuters): US President Donald Trump's decision to drop his threat to impose 50% tariffs on European Union imports from next month gave 'new impetus' to trade talks, the EU said on Monday, as global stock markets climbed and the euro rallied.
Back-tracking on the new tariffs he announced on Friday, Trump on Sunday restored a July 9 deadline to allow for talks between Washington and the 27-nation bloc to produce a deal after what he said was "a very nice call" with EU Commission chief Ursula von der Leyen.
EU sees 'new impetus' in US trade talks
FE Team | Published: May 26, 2025 23:16:29
EU sees 'new impetus' in US trade talks
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