After threatening to slap a 50% tariff on EU goods by June 1, Trump hit pause, pushing the deadline to July 9 following what he called a “very nice” call with EU Commission chief Ursula von der Leyen.

The extension gives importers a little breathing room, but it’s still a pressure cooker. Talks remain shaky, and that 50% rate is still very much on the table. Car parts, food, and ag goods are in the spotlight, with EU steel and aluminum still stuck at a 25% tariff.

If you’re sourcing from the EU, now’s the time to map out contingency plans. Anyone hedging inventory or renegotiating supplier terms?