President Donald Trump said Sunday that he has agreed to give the European Union an extension until July 9 on tariffs, after a “very nice call” from European Commission President Ursula von der Leyen.

Stock markets across Asia edged higher on Monday, and the euro rallied after President Donald Trump abruptly extended by more than a month his threat to slap 50% tariffs on EU goods, marking another temporary reprieve as part of his erratic trade policy.