President Trump postponed the planned 50% tariff on European Union imports on May 27, 2025. The new start date for these tariffs is shifted to July 9, 2025.
This postponement provides temporary relief for companies, including V.F. Corporation, that have supply chain exposure to European markets. It alleviates immediate cost pressures and allows for further strategic adjustments.
The delay offers a brief reprieve from a significant economic headwind, potentially improving short-term financial outlooks for affected businesses.
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