The EU will hold the retaliation for Trump tariffs to negotiate until August 1

Chijioke Obinna

The EU will hold the retaliation for Trump tariffs to negotiate until August 1

The president of the European Commission, Ursula von der Leyen, has announced that the European Union The countermeasures against tariffs will be held in suspense Announced by the president of the United States, Donald Trump, with the aim of “continuing to negotiate” until August 1, when the new extension offered by the president will be fulfilled.

“The United States has sent us a letter with measures that will enter into force unless there is a negotiated solution, therefore, also We extend the suspension of our measures until August“He announced at a press conference in Brussels, von der Leyen. Trump announced in his social network Truth that from August 1 he will impose to imports from the EU a 30%tariff.

The president of the CE has defended that despite maintaining reprisals in suspense, The EU “continues to prepare” its countermeasures to “be fully prepared” If negotiations with the White House definitely fail.

The ambassadors of the 27 gather in an extraordinary way This Sunday in Brussels from 3:00 p.m. to examine Trump’s letter, while on Monday the EU trade ministers meet in an extraordinary council to talk about how to respond to tensions between the US and China or how to reinforce commercial relations with other “reliable” partners.

EU countermeasures

As for the countermeasures that the EU can start, they have been frozen since last April, when Trump announced a 90 -day pause. At first, a countermedidas package was reported About a volume of 21,000 million euros In purchases to the United States. Although, if Trump does not announce a new extension, they will be reactivated during the night from Monday to Tuesday.

In addition, there is a second package of countermeasures of almost 100,000 million euros of American imports And they could start “very fast”, according to the same sources. The EU trade ministers will meet this Monday in Brussels at an extraordinary meeting to examine tariff tensions with the United States and calibrate the response, as well as to address the need to deepen commercial relations with other “reliable” international partners.

Chijioke Obinna

I've been passionate about storytelling and journalism since my early days growing up in Lagos. With a background in political science and years of experience in investigative reporting, I aim to bring nuanced perspectives to pressing global issues. Outside of writing, I enjoy exploring Nigeria’s vibrant cultural scene and mentoring young aspiring journalists.