Von der Leyen: The European Union Will Suspend Counter-Tariff Measures Until August

SadaNews - Ursula von der Leyen, President of the European Commission, said: "We received a message from the United States including measures that will come into effect unless a negotiated solution is reached... Therefore, we will also extend the suspension of our countermeasures until early August, while simultaneously continuing to prepare for countermeasures to be entirely ready.".. Sada Economy

She added: "We have always been completely clear about our preference for a negotiated solution. This remains the case, and we will utilize the time available to us until the first of August."
 
US President Donald Trump escalated his global trade war on Saturday, threatening to impose a 30% tariff on imports from the European Union starting August 1, separate from sector-specific tariffs, despite months of intense negotiations.