- US and EU nearing a trade agreement for a 15% tariff on EU imports to the US
- US President Trump threatened a 30% tariff on EU imports starting 1 August
- EU considers the tariffs unfair and seeks a broader trade deal before the deadline
- EU warned of possible countermeasures if 30% tariffs are imposed
- EU suspended retaliatory tariffs on US imports until 6 August to finalize a trade agreement
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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