Former U.S. President Donald Trump has delayed the implementation of proposed tariffs on goods imported from the European Union (EU).
The tariffs were initially scheduled to take effect imminently, but the deadline has been moved to July 9th.
The exact details of the tariffs and the specific goods they would target were not fully disclosed.
The postponement comes amidst ongoing discussions and negotiations between the U.S. and the EU regarding trade policies.
These negotiations primarily focus on resolving long-standing disputes related to trade practices.
A primary point of contention is the issue of steel and aluminum tariffs originally imposed by the Trump administration.
The EU had threatened retaliatory tariffs if the U.S. tariffs remained in place.
The delay suggests a potential for a resolution to the trade dispute through continued talks.
The impact of the tariffs, and any future developments regarding this trade dispute, will continue to be monitored closely by international trade organizations and businesses involved in transatlantic commerce.