Amid heightened tensions over trade policies, the EU has delayed retaliatory tariffs on US goods initially set to take effect this week, opting for negotiations as both sides navigate escalating conflicts over tariffs.
EU Postpones Retaliatory Tariffs Against US Amid Ongoing Negotiations

EU Postpones Retaliatory Tariffs Against US Amid Ongoing Negotiations
The European Commission pushes back countermeasures as they seek a diplomatic resolution with the US.
The European Commission has announced a delay in implementing retaliatory tariffs on US exports, initially scheduled for Tuesday, in an effort to pursue negotiations with the Trump administration. European Commission President Ursula von der Leyen confirmed that the countermeasures — which could affect €21 billion worth of US goods — would be postponed until early August, allowing time for potential dialogue. This decision follows a letter from President Trump outlining intentions to impose 30% tariffs on EU imports starting August 1, warning of increased tariffs should the EU respond.
At a press conference, von der Leyen emphasized the EU's preference for a negotiated resolution, stating that preparations for countermeasures would continue concurrently. German Finance Minister Lars Klingbeil echoed her sentiments, asserting the need for serious negotiations while highlighting that if talks fail, the EU would implement decisive measures to protect its economic interests. French President Emmanuel Macron also called for steadfast defense of European interests as the EU trade ministers are set to convene to strategize their approach to Washington.
Since April, the Trump administration has proposed tariffs on 24 countries, with the EU being one of the key focus areas. So far, negotiations have resulted in two agreements with the United Kingdom and Vietnam, although broader discussions continue to unfold. The situation remains fluid as both sides contemplate their next moves in this complex trade landscape.
At a press conference, von der Leyen emphasized the EU's preference for a negotiated resolution, stating that preparations for countermeasures would continue concurrently. German Finance Minister Lars Klingbeil echoed her sentiments, asserting the need for serious negotiations while highlighting that if talks fail, the EU would implement decisive measures to protect its economic interests. French President Emmanuel Macron also called for steadfast defense of European interests as the EU trade ministers are set to convene to strategize their approach to Washington.
Since April, the Trump administration has proposed tariffs on 24 countries, with the EU being one of the key focus areas. So far, negotiations have resulted in two agreements with the United Kingdom and Vietnam, although broader discussions continue to unfold. The situation remains fluid as both sides contemplate their next moves in this complex trade landscape.