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 ...
????? Thought we have a trade deal? 15%
Capitulation.
***************
Stalling tactic hoping to wait out Trump.
These trade deals/frameworks all seem very nebulous. Not much in the way of details.
What happened to the trade deal?
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.
Vander Leyen was eviscerated back home after Trump took the EU to the cleaners with that agreement.
Saving face now.
"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.
I thought it was a done deal too They shook hands on it making it a binding agreement.
Qatar probably made a proposal to them.
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