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French Openin World Affairs
3 hours ago

Rising stars and veterans shine at French Open as Draper, Djokovic, and Gauff advance, while Osaka exits early and Djokovic praises Murray.

Trump extends deadline for 50% tariffs on EU goods to July 9

The Japan TimesSunday, May 25, 2025 at 11:15:00 PM
Trump extends deadline for 50% tariffs on EU goods to July 9
President Trump has pushed back the deadline for imposing steep 50% tariffs on EU goods from June 1 to July 9. The move comes after the U.S. accused the EU of dragging its feet in trade negotiations. This extension gives both sides a little more breathing room—but the threat of higher tariffs still looms if talks don’t progress.
Editor’s Note: Tariffs are taxes on imports, and hiking them to 50% would make European products way more expensive for American consumers and businesses. While the delay avoids immediate economic pain, it keeps uncertainty alive for industries caught in the middle. If talks stall, this could escalate into a full-blown trade war—bad news for everyone from carmakers to farmers.
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