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%.
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%.
You might like
Volkswagen will cut 50,000 more jobs, half in Germany and the rest in Europe
The Volkswagen group is in crisis due to strong competition from Chinese manufacturers in Europe, declining sales in China and tariffs in the United States.
France announces aid to farmers affected by drought
Farmers' representatives will meet next week with the French Ministry of Agriculture to convey their demands. The effects of drought and heat are being felt economically, but also physically and mentally.
A worker died in an accident at a winery in Lanciego
The incident took place around 12:20 p.m. and the circumstances of the incident are being investigated. Emergency services have been moved to the scene, but the operator's life has not been saved.
A new tax on fast and cheap clothing is introduced in France
Asian giants like Shein or Temu will now have to pay penalty rates of between 50 cents and 12 euros per garment.
The diesel discount goes up to 20 cents per litre, and the gasoline discount goes down to 5 cents
The tax rebate on diesel has doubled since today, while petrol has halved.
The Basque Government will meet again this Tuesday with farmers to assess the impact of the drought
Agricultural associations and trade unions, among others, want the ACV to be declared a drought zone and special measures to be taken. The meeting will take place at 4 p.m. at the headquarters of the Basque Government in Vitoria-Gasteiz.
Trade unions and employers sign the first agreement on nursing homes in Navarre
After more than five years of negotiations, trade unions and employers have signed the agreement today, which will involve more than 5,000 workers.
The electricity bill has risen 19% in August, reaching its highest level since 2022
Rising demand in heat waves and rising natural gas prices will make an average user's receipt about EUR 14 more expensive.
The 20 cent diesel rebate will come into effect on Tuesday
The measure, which has so far been reduced by 10 cents per litre, aims to combat fuel prices by 15.7% in July.
The September hill this year will be one of the hardest in years
With the return to work, the families of the Basque Country face another reality, which is that this year's September hill will be one of the hardest in recent years, as evidenced by inflation at 4.3%, a figure not seen since February 2023.