EU to Ramp up Retaliation Plans
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The EU says the U.S. is resisting efforts to strike a trade deal and warned of countermeasures if no agreement is reached with U.S. by Aug. 1.
Von der Leyen's decision to resist immediate retaliatory measures points to the European Commission's desire to avoid a spiralling tit-for-tat escalation.
European Union officials warned on Monday that countermeasures are still on the table if they cannot reach a trade deal with the United States to avoid the 30 percent tariffs that President Trump announced over the weekend would take effect on Aug.
The European Union will delay the implementation of its trade countermeasures against the United States from Monday until early August to allow more time to negotiate a deal.
Explore the ongoing trade tensions over tariffs as the EU warns the U.S. to reach a deal or face countermeasures.
Italy's foreign minister warned that, while he hopes for successful negotiations, the EU will respond resolutely to Trump's latest tariff threat.
The European Union announced on Wednesday its own countermeasures, saying they will enter into force on April 1, after the Trump administration officially increased tariffs on all steel and ...
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EU to pause tariff countermeasures against U.S. for 90 days - MSNThe European Union is pausing its planned retaliatory tariffs against U.S. imports after President Donald Trump granted a 90 day pause on his higher reciprocal rates for all countries except China.
The European Union paused its planned retaliatory tariffs against U.S. imports after President Donald Trump granted a 90-day pause on his higher rates for all countries except China. Under the ...