the European Union Considering the revenge definitions on the goods from the United States, which was scheduled to enter into force on Monday. The European Union hopes to be able to reach a trade agreement with the Trump administration by the end of the month.
“This is the time for negotiations,” European Commission President Ursula von der Layen told reporters in Brussels on Sunday.
One day, President Trump sent a A message to the European Union announces a 30 % new tariff on the goods that start on August 1. In the letter, Mr. Trump said that the relationship between the bloc and the United States was “far from mutual”, and that the American trade deficit was a threat to national security.
He wrote: “We had years to discuss our commercial relationship with the European Union, and we concluded that we must stay away from this long -term, large and continuous trade deficit, which is generated by your tariff, policies, policies and commercial barriers.”
Mr. Trump sent a similar message to Mexico.
The European Union – the largest commercial partner of the United States and the largest commercial bloc in the world – was scheduled to impose “counter -measures” that start on Monday in midnight Brussels (6 pm EST). The European Union negotiates commercial deals on behalf of the 27 member states.
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Von der Layen said that these counter -measures will be delayed until August 1, and that Mr. Trump’s speech shows “we have until the first of August to negotiate. European leaders urged Mr. Trump and Von der Lin to give negotiations more time.
She said, “We have always been clear that we preferred a negotiation solution,” she said. If they cannot reach a deal, she said, “We will continue to prepare counter -measures until we are completely prepared.”
Mr. Trump said that his global tariff will lay the foundation to revive an American economy claiming to have exploded by other countries for decades. He was in a raid advertisement A new tariff with allies and enemies alike Last week.
American commercial partners faced months of uncertainty and advanced threats from the American President to impose a tariff, with the extension or change of the final dates at times. Specifications can have repercussions for almost every aspect of the global economy.
The value of the European Union trade and the United States in goods and services amounted to 1.7 trillion euros ($ 2 trillion) in 2024, or on average 4.6 billion euros per day, according to the European Union Statistics Agency. Europe’s largest exports to the United States were medicines, cars, aircraft, chemicals, medical tools, wine and spiritual drinks.
Trade ministers from European Union countries will meet on Monday to discuss trade relations with the United States, as well as with China.
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