The European Union delays the revenge definitions of American goods in the hope of the commercial deal 1 August – National

the European Union It will suspend the revenge customs tariffs on American goods scheduled to enter into force on Monday in the hope of reaching a trade agreement with the Trump administration by the end of the month.

“This is the time for negotiations,” European negotiation president, Ursula von der Layen, told reporters in Brussels on Sunday. Donald Trump Send a message Announcing a 30 percent new tariff for goods from the European Union and Mexico Starting August 1.

The European Union – the largest trading partner in America and the largest commercial bloc in the world – was scheduled to impose “counter measures” starting on Monday in midnight Brussels (6 pm EST). The European Union negotiates commercial deals on behalf of the 27 member states.

Von der Layen said that these counter -measures will be delayed until August 1, and that Trump’s speech shows “we have until the first of August” to negotiate. European leaders urged Trump and Von der Lin to give negotiations more time.

“We have always been clear that we prefer 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.”

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Von der Layen, who stands alongside Indonesian President Prabo Subanto, stands that trade tensions with the United States show the importance of “diversifying our trade relations.”

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Trump merchant says 50 % on the European Union, and “he pays crazy markets.”

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Trump said His global tariff It would lay the foundation to revive an American economy claiming to have exploded by other decades. In his message to the European Union, Trump said that the American trade deficit was a threat to national security.

American commercial partners faced months of uncertainty and advanced threats from Trump to impose customs tariffs, with the extension of the deadlines or sometimes changed. 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.