President Trump says the U.S. will delay implementation of a 50% tariff on goods from the European Union until July 9 to buy time for negotiations with the bloc.

President Donald Trump announced Sunday he’s granting an extension to the European Union on the timeline to strike a deal to avoid his sweeping 50 percent tariffs — punting back the deadline to July 9. Trump’s announcement comes after a phone call with the president of the European Commission, Ursula von der Leyen.

MORRISTOWN, N.J. — President Donald Trump said Sunday that he would delay tariffs that were set to be imposed next week on the European Union until July 9.