EU threatens countermeasures over US tariffs, Trump says he is open to talks
BELGIUM, JUL 15 – The European Union threatens 21 billion euros in tariffs on U.S. goods if no trade deal is reached before the U.S. 30% import duty takes effect on August 1, 2025.
- U.S. President Donald Trump announced plans to impose 30% tariffs on most imports from the European Union and Mexico starting next month.
- The announcement followed stalled negotiations and caused the EU to accuse the U.S. of resisting trade deals while warning of countermeasures if no deal is reached.
- EU trade ministers met in Brussels on Monday, calling the 30% tariff threat absolutely unacceptable as European industries prepare for potential impacts.
- Canada faces a 35% tariff starting in August, and a recent survey found 63% of Canadians support a hard negotiation approach despite risks to trade relations.
- The tariff threats have heightened global urgency to reach agreements, with officials like South Korea's trade envoy signaling possible deals in principle before tariffs kick in.
77 Articles
77 Articles
European Union threatens tariff retaliation after Trump’s trade move
The European Union is striking back just a day after U.S. President Donald Trump announced 30% tariffs on the bloc as well as on Mexico. The European Commission President is warning of countermeasures if the levies go ahead as planned on August 1. CGTN's Frances Kuo has more.
Most Canadians prefer tough approach in trade talks with Trump: survey
Most Canadians want the government to take a “hard approach” in negotiations for a trade deal with U.S. President Donald Trump as he threatens to slap a 35-per-cent tariff on all products by Aug. 1, a new survey suggests.
European technicians in Washington. Counter-dations ready from August 6 (ANSA)
EU ministers warn of countermeasures to US tariffs if trade negotiations fail
The European Union on Monday warned that the 27-country bloc is preparing potential countermeasures targeting US goods worth 72 billion euros if talks with Washington fail to produce a viable outcome.
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