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The original one week Trump threat to raise tariffs by tomorrow has just been postponed. Thanks to Forbes:
https://www.forbes.com/sites/saradorn/2026/05/07/trump-delays-new-european-union-tariffs-to-july-4/Forbes said:Trump Delays New European Union Tariffs To July 4
BySara Dorn,
May 07, 2026, 03:37pm EDT
President Donald Trump on Thursday delayed tariffs on European Union exports until July 4 to give the EU time to meet the terms of the trade deal reached with the U.S. last year. Trump announced the decision after what he described as a “great call” with the president of the European Commission, Ursula von der Leyen.
Trump announced last week he was raising tariffs on vehicles imported from the European Union from 15% to 25%, accusing the EU of failing to comply with the trade deal.
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