Donald Trump has indicated there has been progress in US trade talks with the EU, helping send share prices rising on Wall Street, after he commended the bloc for calling to “quickly establish meeting dates”.

“I have just been informed that the EU has called to quickly establish meeting dates. This is a positive event, and I hope that they will,” Trump wrote on his Truth Social platform on Tuesday, saying the EU would be “very happy and successful” if it agreed a deal.

However, the president also repeated criticism of Brussels’ negotiators and defended his decision on Friday to threaten a 50% tariff on EU imports from 1 June, which he postponed two days later until 9 July.