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European Union Delaying Retaliatory Tariffs on US Goods
Millennium Post Delhi
|New Delhi 14July2025
EU President said those countermeasures would be delayed until Aug 1, and that Trump's letter shows that we have until the first of August to negotiate. European leaders have urged Trump and von der Leyen to give negotiations more time
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BRUSSELS: The European Union will suspend retaliatory tariffs on US goods scheduled to take effect Monday in hopes of reaching a trade deal with the Trump administration by the end of the month.
"This is now the time for negotiations," European Commission President Ursula von der Leyen told reporters in Brussels on Sunday, after President Donald Trump sent a letter announcing new tariffs of 30 percent on goods from the EU and Mexico starting Aug 1.
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