Trump rows back tariff threat to agree EU trade-talk extension | Trade War News

US president continues to fuel global economic uncertainty with erratic trade policy.

United States President Donald Trump has backed away from launching a trade war with the European Union, two days after threatening to impose punishing tariffs.

Trump said on Sunday that he has agreed to extend trade negotiations with the EU to July 9 following a call with European Commission President Ursula von der Leyen. As part of that agreement, the US will also hold back from imposing a 50 percent…

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News Source: www.aljazeera.com

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