Odaily Planet Daily News Trump said that the EU requested to extend the window period for trade negotiations and has agreed to extend the deadline to July 9. Last week, Trump said that he would impose a 50% tariff on EU imports from June 1. Earlier, European Commission President von der Leyen said on Sunday after a call with Trump that the EU was ready to "quickly and decisively" advance trade negotiations with the United States, but that Trump needed to return to the 90-day negotiation period he originally set.
After Trump changed his mind again, Bitcoin rebounded and briefly broke through $109,000, and is now quoted at $108,840.
Previously, Trump said on May 23 that "the main purpose of the establishment of the European Union is to take advantage of the United States in trade. The United States has made no progress in negotiations with them. It is recommended to impose a 50% tariff directly on EU products from June 1, 2025." This remark once caused the US stock market and Bitcoin to fall.