Gavin Grey: UK correspondent on Donald Trump agreeing to extend EU trade talks after earlier tariff threat - Heather du Plessis-Allan Drive

US President Donald Trump has agreed to extend a deadline to negotiate tariffs with the EU until July.

Last week, Trump expressed frustration with the pace of talks and threatened to raise the tariff rate to as high as 50 percent as soon as June 1.

UK correspondent Gavin Grey says this will be a significant relief to parts of Europe.

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