This text has been automatically translated, it may contain errors or inaccuracies.
Tariffs
Favorite
Remove from my list

The EU has postponed retaliation against Trump's tariffs and keeps negotiations open

European Commission President Ursula von der Leyen has announced that negotiations will continue until 1 August, when the extension for negotiations ends before the surcharges on products are raised to 30%.

(Foto de ARCHIVO)

June 26, 2025: Ursula Von der Leyen , the president of the European Commission during  the press conference after EU leaders and head of states Summit in Brussels, Belgium on 26/06/2025  Photo by Wiktor Dabkowski



Europa Press/Contacto/Wiktor Dabkowski

27/6/2025
Ursula von der Leyen, during the press conference in Brussels. Photo: Europa Press.

ThePresident of the European Commission, Ursula von der Leyen Europe, announced on Sunday that the European Union will continue to postpone the implementationof the retaliatory measures againsttariffs imposed by the United States .

Indeed, they are still trying to negotiate with President Donald Trumpuntil August 1 , when the extension offered by Washington for negotiations endsbefore the surcharges on the products  rise to 30%.

"The United States has sent us a letter with the measures that will enter into force unless there is a negotiated solution, so we extend the suspension of our measures until August," Von der Leyen explained at a press conference from Brussels.

The President of the European Commission, who is responsible for European trade policy, has stressed that, although retaliation remains in abeyance, the EU is still preparing measures against it to be ready if negotiations with the White House finally fail.

"We are prepared to do so, and we can respond with opposite measures if necessary," Von der Leyen stressed.

In addition, the President of the European Commission has supported the single European market and stressed the importance of 'diversifying' trade relations.

The Trade Ministers of the European Union will be able to examine the situation at an extraordinary meeting of the Council on Monday, one day before the measures in force against tariffs on steel and aluminium, which will, however, be postponed until the beginning of August.

The United States is currently imposing two tariffs onproducts originating in the European Union: a 10% tariffon all European products of origin and a 25% tariff on imports of steel, aluminium and automobiles. But President Trump has warned that it could double these surcharges and bring them to 50%.

 

More news about the economy

Load more