Crypto markets edge higher as President Trump delays 50% tariff on EU goods to July 9
- Major cryptocurrencies post mild gains on Monday as market sentiment improves.
- Donald Trump postpones the implementation of a 50% tariff on EU goods from June 1 to July 9, easing near-term trade tensions.
- European Commission President Ursula von der Leyen requested the delay during a call with Trump, signaling the start of renewed negotiations.
The cryptocurrency market is recovering modestly during Asian hours on Monday, supported by easing geopolitical tensions after US President Donald Trump announced a delay in the planned 50% tariff on European Union goods. The news came in via Trump’s Truth social media account on Monday that the implementation date has been pushed from June 1 to July 9 following a request…
