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EU Delays Retaliatory Tariffs; Hopes to Reach Deal With US
The New Indian Express Kollam
|July 14, 2025
The European Union will suspend retaliatory tariffs on US goods scheduled to take effect on 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% on goods from the EU and Mexico starting Aug 1.
This story is from the July 14, 2025 edition of The New Indian Express Kollam.
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