US-EU Tariff Deadline Extended, Market Response Calms Amidst Trade Negotiations

The US and EU trade negotiations have reached a critical juncture with the extension of the tariff deadline to July 9, 2025. Following talks between President Trump and European Commission President Ursula von der Leyen, both sides agreed to delay the implementation of tariffs until this new date. This move has calmed market volatility, which previously had been heightened by the potential for immediate duty increases.