Watch live coverage as markets react after President Donald Trump said over the holiday weekend that he agreed to delay tariffs of 50% on the European Union. Trump said that he would push back the 50% levy deadline on the EU to July 9 following a request from Ursula von der Leyen, the president of the European Commission. That comes after Trump last week proposed an import tax of 50% on the EU beginning June 1.
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LIVE: U.S. markets react after Trump announces delay on EU tariff
