Trump criticizes EU trade deficit, delays tariffs. EU prepares countermeasures but pauses to allow negotiations. Focus on tariffs, trade talks, and potential retaliatory actions.“Our discussions with them are going nowhere,” Trump said Friday, while calling out profession obstacles like value-added taxes as a driver of a “completely unacceptable” trade shortage in between the united state and the EU.
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EU Prepares Countermeasures
The EU has actually been preparing its very own countermeasures to U.S. duties however paused application until July 14 “to give settlements an opportunity,” European Payment President Ursula von der Leyen introduced in very early April. The prepared retaliatory actions would target imports worth approximately $107 billion (95 billion euros at the time of the news), the compensation claimed earlier this month.
The news came days after Bloomberg reported that the EU sent brand-new propositions to the United States in an effort to advancement trade arrangements relating to currently stopped reciprocal tolls on the bloc.
Trump Delays Tariff Implementation
Trump initially intended to apply the new duties starting June 1. The head of state stated he would postpone execution to July 9, per a Fact Social blog post Sunday. Trump made the decision adhering to a telephone call with Ursula von der Leyen, head of state of the European Compensation.
Head of state Donald Trump speaks to reporters with Audio speaker of your house Mike Johnson on Might 20, 2025, in Washington, D.C. Trump formerly imposed a 20% toll on imports from the EU as component of his country-specific reciprocal tolls, which are currently paused for 90 days.
Tasos Katopodis by means of Getty Images
2 Trade Negotiations
3 Trade Tariffs
4 Trump tariffs
5 US-EU Trade
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