EU delays retaliatory tariffs on US goods due to hit Monday

The European Union will suspend the reprisal tariffs on American goods scheduled to enter into force on Monday in the hope of reaching a trade agreement with the Trump administration by the end of the month.
“It is now time for negotiations,” said European Commission President Ursula von der Lin told journalists in Brussels on Sunday, after President Donald Trump sent a message announcing a 30 % new tariff on goods from the European Union and Mexico starting from August 1.
The European Union – the largest commercial partner in America and the largest trading bloc in the world – was scheduled to impose “counter measures” starting on Monday in midnight Brussels (6 pm EST; 22:00 GMT). The European Union negotiates commercial deals on behalf of the 27 member states.
Von der Lain said that these counter -measures will be delayed until August 1, and that Trump’s speech shows that we have until the first of August to negotiate.
She said, “We have always been clear that we preferred a negotiation solution,” she said. If they cannot reach a deal, she said, “We will continue to prepare counter -measures until we are completely prepared.”
Europe’s largest exports to the United States are medicines, cars, aircraft, chemicals, medical tools, wine and spiritual drinks.
Italian Foreign Minister Antonio Tajani was heading to Washington for talks on Monday with the American administration and congress. In a statement, Tajani’s office said that in his talks with the European Union allies before the meetings, he stressed the need to “negotiate with one’s head high.”
The government of right -wing Prime Minister Georgia Meloni, the only leader of the European Union, who is attending Trump’s inauguration, has sought to put himself as a bridge between Brussels and Washington.
Trump said that his global tariff would lay the foundation to revive an American economy claiming to have exploded by other countries for decades. In his message to the European Union, Trump said that the American trade deficit was a threat to national security.
The director of the National Economic Council at the White House, Kevin Haysit at ABC News Sunday, said that Trump is not satisfied with some draft agreements on trade.
He said: “The bottom line is that he saw some of the drawings from the deals that were negotiated with Howard Lottenic and the rest of the commercial team, and the president believes that the deals should be better, and put a line in the sand.
American commercial partners and companies around the world faced French wine makers to German car makers-months of uncertainty and advanced threats from Trump to impose definitions, with an extension or change of final dates. Specifications can have repercussions for almost every aspect of the global economy.
The value of the European Union trade and the United States in goods and services amounted to 1.7 trillion euros ($ 2 trillion) in 2024, or on average 4.6 billion euros per day, according to the European Union Statistics Agency.
Trade ministers from European Union countries will meet on Monday to discuss trade relations with the United States, as well as with China.
Speaking alongside Indonesian President Prabu Subanto, von der Layen said commercial tensions with the United States show the importance of “diversifying our trade relations.” It declared a closer cooperation between the European Union and Indonesia, and stressed the need for “” confidence “” confidence “.
“I think the United States will always be a very important leader in the world,” said the Indonesian leader, adding, adding, “We would like to see Europe very strong.”
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2025-07-13 17:26:00