14-07-2025

EU Delays Retaliatory Tariffs on US Goods

Date: 14-07-2025
Sources: bbc.com: 1 | cbsnews.com: 2 | cnbc.com: 3 | france24.com: 1 | news.sky.com: 1 | nytimes.com: 1 | scmp.com: 1
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Image Source:

Source: france24.com

Image content: The image depicts a formal meeting between two men, Donald Trump and Viktor Orbán, seated in ornate chairs. The scene is set in an opulent room with white marble walls adorned with gold accents and a large fireplace. **Key Elements:** * **Two Men:** * Donald Trump, on the right, wears a dark suit, white shirt, and red tie, with an American flag pin on his lapel. * Viktor Orbán, on the left, is dressed in a dark suit, white shirt, and dark tie. * **Seating:** Both men sit in gold-patterned chairs, facing each other. * **Background:** * A white marble fireplace with gold decorations stands behind them. *

Summary

The European Union has delayed imposing retaliatory tariffs on US goods to allow for further negotiations with the Trump administration, following President Trump's announcement of 30% tariffs on EU imports. The EU is considering countermeasures, while Trump's move has sparked concerns and impacted global markets.

Key Points

  • The EU delayed retaliatory tariffs on US goods until early August
  • US President Trump announced 30% tariffs on EU imports, citing national security threats
  • The EU is considering countermeasures if a trade deal is not reached

Articles in this Cluster

EU delays retaliatory trade tariffs against USBritish Broadcasting CorporationBritish Broadcasting Corporation

The European Union has delayed its retaliatory tariffs on US exports until early August to allow for further negotiations, following US President Donald Trump's announcement of 30% tariffs on EU imports. EU trade ministers will meet to discuss their response, with some calling for decisive countermeasures to protect European interests.
Entities: European Union, US, Donald Trump, Ursula von der Leyen, European CommissionTone: analyticalSentiment: neutralIntent: inform

European Union to delay retaliatory tariffs on U.S. goods in hopes of reaching deal - CBS News

The European Union has decided to delay imposing retaliatory tariffs on U.S. goods, scheduled to take effect on Monday, in an effort to reach a trade deal with the Trump administration by the end of the month. This move comes after President Trump announced new 30% tariffs on EU goods starting August 1, citing the U.S. trade deficit as a national security threat. European Commission President Ursula von der Leyen stated that this is a time for negotiations and that the EU is prepared to continue with countermeasures if a deal is not reached.
Entities: European Union, United States, Trump administration, Ursula von der Leyen, European CommissionTone: neutralSentiment: negativeIntent: inform

Trump to meet with NATO secretary general amid plan to sell weapons to Ukraine - CBS News

President Trump is set to meet with NATO Secretary General Mark Rutte amid plans to sell weapons to Ukraine and potentially impose sanctions on Russia. The meeting comes as Ukraine struggles to repel Russian air assaults. Trump has hinted at sending more defensive weapons to Ukraine and has considered authorizing fresh funding for the country. Senators Lindsey Graham and Richard Blumenthal are backing legislation to impose sanctions on Russia and countries that support its energy trade.
Entities: President Trump, NATO Secretary General Mark Rutte, Ukraine, Russia, Senator Lindsey GrahamTone: neutralSentiment: negativeIntent: inform

European markets on Mon July 14: EU tariff reaction, Stoxx 600, FTSE

European markets are expected to start the week flat to lower due to the imposition of 30% tariffs on EU goods by the US, announced by President Donald Trump over the weekend. The EU has vowed not to retaliate immediately but will consider countermeasures if necessary. Key sectors to watch as European companies report earnings include those heavily exposed to US tariffs, such as pharmaceuticals, autos, and aircraft machinery. Meanwhile, the Bank of England's Governor Andrew Bailey indicated that interest rates are likely to continue their downward path if the UK's job market slows.
Entities: European markets, Donald Trump, EU, US, Bank of EnglandTone: neutralSentiment: negativeIntent: inform

In numbers: What Trump's 30% tariff threat means for the EU

The article discusses the potential impact of a 30% tariff imposed by the U.S. on imports from the European Union, as announced by President Donald Trump. The EU-U.S. trade relationship is significant, with a total trade value of $1.96 trillion last year. The proposed tariff could affect various sectors, including pharmaceuticals, automotive, and aircraft, and may harm EU countries like Germany, Italy, and Ireland. The EU is considering its response, with ministers meeting to discuss potential retaliation.
Entities: Donald Trump, European Union, United States, Ursula von der Leyen, Claudia SheinbaumTone: neutralSentiment: negativeIntent: inform

Stock market today live updates

U.S. equity futures declined on Sunday as investors reacted to President Donald Trump's announcement of 30% tariffs on the European Union and Mexico starting August 1. The S&P 500, Nasdaq 100, and Dow Jones Industrial Average futures all fell. The news comes ahead of inflation readings and a busy earnings season, with major banks like JPMorgan Chase and Goldman Sachs set to report quarterly results. The Trump administration's tariff policies and tensions with the Federal Reserve are also influencing market sentiment.
Entities: Donald Trump, European Union, Mexico, S&P 500, Nasdaq 100Tone: neutralSentiment: negativeIntent: inform

Trump gives Russia 50 days to make Ukraine deal

US President Donald Trump has given Russia 50 days to end its war in Ukraine, threatening 'massive new economic sanctions' if no deal is reached. Trump and NATO Secretary General Mark Rutte announced a plan to supply Ukraine with billions of dollars in arms, including Patriot anti-missile batteries, via NATO. The move marks a shift in Trump's stance towards Russia, with growing frustration over Putin's refusal to halt attacks.
Entities: Donald Trump, Russia, Ukraine, NATO, Vladimir PutinTone: urgentSentiment: negativeIntent: inform

Donald Trump announces 30% tariff on imports from EU | US News | Sky News

US President Donald Trump has announced a 30% tariff on imports from the European Union and Mexico, citing the US trade deficit as a national security threat. The EU has threatened to adopt 'proportionate countermeasures' if the tariffs are imposed, while Mexico is negotiating an alternative. The move is seen as a continuation of Trump's protectionist trade policies and has been met with concern from EU leaders.
Entities: Donald Trump, European Union, Ursula von der Leyen, Mexico, USTone: neutralSentiment: negativeIntent: inform

Opinion | Europe Is Terrifyingly Hot, and Its Leaders Are Doing Worse Than Nothing - The New York Times

The article discusses Europe's severe heat wave and the failure of its leaders to take decisive action on climate change, instead backing away from previous commitments to reduce emissions and green the economy due to pressure from right-wing forces and economic challenges.
Entities: Europe, European Union, Ursula von der Leyen, Viktor Orban, Giorgia MeloniTone: negativeSentiment: negativeIntent: critique

European Union on the ropes as Donald Trump and China turn the screws | South China Morning Post

The European Union is facing challenges from both the US and China, with the US imposing a 30% tariff on EU-made goods and China having a bruising encounter with the EU over Russia. The EU is struggling to respond and is under pressure to retaliate against the US tariffs.
Entities: European Union, Donald Trump, China, Brussels, USTone: negativeSentiment: negativeIntent: inform