US President Donald Trump is walking in the southern grass of the White House after arriving in Marine one in Washington, DC, the United States, on Sunday, July 13, 2025.
Bonnie Cash/Upi/Bloomberg via Getty Images
The European Union has been defending after US President Donald Trump said he would slap 30 % tariff On the goods imported from the mass that starts on August 1.
European leaders hurried RespondThey say they are still working to reach an agreement with the United States before the beginning of August. European Union also additional delay Counter -measures That was appointed to implement this week and warned that the preparations for additional retaliatory moves were ongoing.
European Union Trade Commissioner Marus Sevkovic on Monday He said Reporters that the message had received “remorse and disappointment … especially given the advanced stage of our ongoing negotiations.”
Sefcovic stressed that the European Union was still focusing on finding a negotiable solution, but was preparing for all possible results – which could include counter -measures. He also said that he would speak to his counterparts in the United States later in the day.
“I cannot imagine walking without real effort,” said the Commercial Commissioner.
With less than a month before Trump’s new deadline, the European Union will have to act quickly to prevent definitions from entering into force or risk by increasing escalation.
The European Union is under pressure
While European Union leaders are still determined to conclude a deal, economists and analysts have warned that the threat of a 30 % tariff rate has added new pressure to the 27 -member mass.
“It is very bad news for Europe,” said Jarsia Herro, an older colleague in Brewgin and the chief economist in Asia Pacific in Natx, told CNBC “Euro Early Edition” on Monday.
“Trump pushes the committee to reach a better deal,” she added.
Carsten Barzky, the global president of Macro in Engy and Wenga Fishner, the chief economist in Ing who focus on global trade, struck a similar tone.
“Trump’s message to the European Union is not a love speech, but it is also not a message of hatred. It is a message to increase pressure in the ongoing negotiations,” they said in a note on Sunday.
Economists said that the European Union still has options, indicating that a single approach can offer the European Union to enhance the purchase of its American products ranging from soybeans to military equipment.
Brussener said that Brussels can also reduce the current customs tariff and other commercial obstacles for elements such as American cars, or to provide export ban on important products to the United States such as European drugs.
“The fourth and final option is direct revenge either with the increased customs tariff for American goods or the nuclear option in trade: the customs tariff for digital services, but also more strict than American technology companies,” economists pointed out, noting that this would lead to a complete commercial war.
A compromise in front of us?
Despite the additional pressure on the European Union, expectations remain that the bloc and Washington, DC, will reach an agreement in the coming weeks.
“I think that both sides will strike a compromise. This is in the interest of both the United States and the European Union,” said Jojerj Kermer, chief economist at Commerzbank.
“I am eventually expecting a kind of average customs tariff for the European Union for exports to the United States in the 15 % region,” he told Europe in Europe on Monday.
It is worth noting that this rate will be above 10 % that was previously expected Through many and is in line with the deal approved by the United Kingdom and the United States
Meanwhile, the economist in Brinberg Salomon Fidler seemed more optimistic, saying that the bank was still expecting 10 % of the duties, even “risks are now strongly deviant towards higher rates.”
One of the reasons for optimism is that Trump has repeatedly taken extremist situations, and then was later confused, as Fidler argued. “The fact that Trump only threatened the new 30 % rate for August 1, instead of its implementation more quickly, indicates that he is still looking to negotiate,” he said.
Trump may also be ashamed of additional definitions as companies begin to transfer high import costs for consumers. He added that the local political background may also change, which may make it less important for the American president to try to maintain the public’s interest in trade.
On the other hand, the risk factors for high fees include the possibility that the trade deficit of the United States – which Trump often used as an argument for definitions – and the American administration’s dependence on tariff income on its budget, according to Fidler.
He pointed out that “the distant hope is always obtaining the result of good negotiations – bilateral removal of all definitions and some other commercial barriers between the European Union and the United States – has disappeared from view now.”
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