European Union to seek deal with U.S. as tariff deadline looms ... European Union to seek deal with U.S. as tariff deadline looms ...

European Union to hunt take care of U.S. as tariff deadline looms; prepares countermeasures: EU official Maros Sefcovic

European Commissioner for Trade Maros Sefcovic speaks to the media forward of a European Union Foreign Affairs Council (Trade) assembly to debate EU-U.S. relations, in Brussels, Belgium, on July 14, 2025. | Photo Credit: Reuters

“The European Union will attempt to attain a superb commerce take care of the United States, whereas making ready attainable countermeasures if the talks fail,” EU commerce commissioner Maros Sefcovic stated on Monday (July 14, 2025).

“We proceed to have interaction with the U.S. administration and prioritise a negotiated resolution by the brand new deadline of August 1. I can’t think about strolling away with none effort,” Mr. Sefcovic stated earlier than a gathering with EU Trade Ministers in Brussels.

Trump places 35% tariff on Canada from August 1, eyes 15%-20% tariffs for others

“But the EU must put together for all outcomes,” he stated, “together with, if crucial, nicely thought-about, proportionate countermeasures to revive the steadiness.”

U.S. President Donald Trump stated on Saturday (July 12, 2025) he would impose 30% tariffs on most EU imports from August 1, although there was nonetheless time to hammer out an settlement to safe decrease tariffs.

European Commission President Ursula von der Leyen responded that 30percenttariffs on EU exports would disrupt important transatlantic provide chains, hurting companies, shoppers and sufferers on each side of the Atlantic.

U.S. tariffs on European items threaten to shake up world’s largest two-way commerce relationship

She stated on Sunday (July 13, 2025) that the bloc would prolong its suspension of countermeasures till early August to prioritise negotiations.

Danish Foreign Minister Lars Lokke Rasmussen, forward of the assembly in Brussels, stated it was too early to impose countermeasures and that he hoped the EU would stay united on that entrance.

“But we should always put together to be prepared to make use of all of the instruments,” he added. “If you need peace, it’s a must to put together for conflict. And I believe that’s the place we’re.”

Published – July 14, 2025 03:10 pm IST

Leave a Reply

Your email address will not be published. Required fields are marked *