US EditionEU 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 30 percent tariffs on most imports from the European Union and Mexico effective August 1, 2025.
- This announcement follows earlier tariff measures starting from April and has escalated longstanding trade tensions between the U.S. and its major trading partners.
- On July 14, trade ministers from the European Union convened in Brussels to denounce the proposed tariffs as completely unacceptable and to discuss possible countermeasures amounting to 21 billion euros should negotiations fail.
- German Chancellor Friedrich Merz stated a 30% tariff would hit Germany's export industry deeply, while trade officials and other leaders stressed the need for swift negotiations.
- With the August 1 deadline approaching, countries worldwide are intensifying efforts to finalize trade agreements, and South Korea's lead trade negotiator expressed cautious hope about reaching a preliminary deal by that date.
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·Washington, United States
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Total News Sources25
Leaning Left13Leaning Right1Center5Last UpdatedBias Distribution68% Left
Bias Distribution
- 68% of the sources lean Left
68% Left
L 68%
C 26%
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