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EU Chief Delays Retaliation For US Tariffs In Search Of Deal

Delays Retaliation
International Business Times Fews App News Provider
Fews App Post Time 13h ago

EU chief Ursula von der Leyen has said the EU was delaying countermeasures against the US in search of a trade deal AFP EU chief Ursula von der Leyen said Sunday that Brussels will continue to hold off on hitting back at US steel and aluminium tariffs, as it seeks a deal to avoid broader 30-percent levies. US President Donald Trump on Saturday threw months of painstaking negotiations into disarray by announcing he would hammer the 27-nation bloc with the sweeping tariffs if no agreement is reached by August 1. "The United States has sent us a letter with measures that would come into effect unless there is a negotiated solution, so we will therefore also extend the suspension of our countermeasures until early August," von der Leyen told journalists.

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