Trust in the European Union and its institutions has risen to an almost two-decade high, a report released on Wednesday shows, as U.S. President Donald Trump upends global trade and foreign policy.

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. Trump told reporters that he made the decision to postpone the levies following a conversation with Ursula von der Leyen,

Trump threatened to impose the costly tariffs on the European Union starting on June 1, complaining last week that the negotiations were “going nowhere.” He ended up delaying the tariffs on Sunday after speaking with the president of the European Commission.

The European Commission is likely to give Bulgaria the green light on June 4 to adopt the euro currency from the start of 2026, several euro zone officials said, making Bulgaria the 21st country to join the single currency area.

European Union member states are getting closer to its ambitious goal of cutting greenhouse gases by at least 55% by 2030, according to an assessment by the bloc’s executive branch.

A new Trump tariff threat targets a bloc of 27 countries that add up to the largest U.S. trade partner.

Over two-thirds of countries belonging to the European Union signed on to a declaration Tuesday urging the European Commission to crack down on Hungary over the country’s laws restricting LGBT events.

The European Union is nearly on track to reach its main climate target for this decade, with countries' existing CO2-cutting plans set to bring the bloc within one percentage point of the goal, the European Commission said on Wednesday.