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EU will delay planned U.S. tariffs for six months to allow for trade talks
CNBC ^ | 08/04/2025 | Erin Doherty

Posted on 08/04/2025 8:28:16 AM PDT by DFG

The European Union announced Monday that it will suspend for six months its planned countermeasures against the United States’ tariffs, which which were set to take effect this week.

“On 27 July 2025, European Commission President Ursula von der Leyen and US President Donald J. Trump agreed a deal on tariffs and trade,” the EU Commission spokesperson for trade said in a statement.

The spokesperson touted the agreement as restoring “stability and predictability for citizens and businesses on both sides of the Atlantic.”

“The EU continues to work with the US to finalise a Joint Statement, as agreed on 27 July,” the spokesperson said.

“With these objectives in mind, the Commission will take the necessary steps to suspend by 6 months the EU’s countermeasures against the US, which were due to enter into force on 7 August.”

The pause on the countermeasures is expected to formally take effect Tuesday.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; European Union; Foreign Affairs; Politics/Elections
KEYWORDS: eussr; fourthreich; tds; tradetalks

1 posted on 08/04/2025 8:28:17 AM PDT by DFG
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To: DFG

????? Thought we have a trade deal? 15%


2 posted on 08/04/2025 8:28:58 AM PDT by MinorityRepublican
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To: DFG

Capitulation.


3 posted on 08/04/2025 8:35:31 AM PDT by nwrep
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To: DFG
“The EU continues to work with the US to finalise a Joint Statement,

***************

Stalling tactic hoping to wait out Trump.

4 posted on 08/04/2025 8:35:46 AM PDT by Starboard
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To: MinorityRepublican

These trade deals/frameworks all seem very nebulous. Not much in the way of details.


5 posted on 08/04/2025 8:38:14 AM PDT by Starboard
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To: DFG

What happened to the trade deal?


6 posted on 08/04/2025 8:38:35 AM PDT by hcmama
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To: DFG
More leftist media lying: "countermeasures against the United States’ tariffs".

The Trump tariffs are the ones that are "countermeasures", against the tariffs and various import restrictions that Europe has had on the U.S. for many years.

7 posted on 08/04/2025 8:45:09 AM PDT by Tell It Right (1 Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: hcmama

Vander Leyen was eviscerated back home after Trump took the EU to the cleaners with that agreement.

Saving face now.


8 posted on 08/04/2025 8:46:24 AM PDT by chiller (Davey Crockett: "Be sure you're right. Then go ahead". (We'll go ahead))
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To: chiller; All
Thank you for posting chiller.

"the cleaners with that agreement.

Saving face now. "


So the EU trade agreement is still in effect(?), the left trying to rewrite post-17th Amendment ratification voters' short memories for the 2026 midterm elections?

Correction welcome.

9 posted on 08/04/2025 9:06:08 AM PDT by Amendment10
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To: MinorityRepublican

I thought it was a done deal too They shook hands on it making it a binding agreement.


10 posted on 08/04/2025 9:23:18 AM PDT by stars & stripes forever (Blessed is the nation whose GOD is the LORD. ~ Psalm 33:12)
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To: DFG

Qatar probably made a proposal to them.


11 posted on 08/04/2025 9:30:21 AM PDT by Texas Fossil (Texas is not about where you were born, but a Free State of Heart, Mind and Attitude.)
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