US halved the tariffs on 1 August because the EU is fighting a deal

The United States has reported that it would not give up on August 1 to raise tariffs for the European Union when the block is fighting to make a transaction over time.

Last weekend, US trade secretary Howard Lutnit said that the trade transaction could be reached with the European Union, but warned that the term for the basic level of 30% of the tariffs was recorded.

“This is a difficult time, so on August 1, new tariff rates will appear,” Lutnita said on Sunday CBS NEWS Asked about the term for it EU tariffs.

However, he signaled that the negotiations could continue after this date, noting: “These are the two largest trading partners in the world, talking to each other. We will make a deal. I’m sure we will make a deal.”

“Nothing prevents countries talking to us after August 1, but they will start paying tariffs on August 1”, “” He added.

Indicated the EU that he prepares measures against the US against the punitive trading tariffs, but Lutnya rejected this saying: “They just aren’t going to do it.”

Negotiations on the latest ditches continue, and the EU hopes that it will be able to agree on a decrease in the tariff rate. The block hoped it could bring a similar pact to the UK, which became the first country to come to a trade agreement with the United States, which includes 10% basic tariff with some nuances related to car imports, steel and aerospace space.

But economists and analysts are becoming more skeptical About Brussels’ ability to achieve a similar basis.

For one, The EU has a much more complex relationship with US President Donald Trump than the UK. Trump often smashing what he perceives both unbalanced trade relations and unjust trading practices that the EU denies.

As depending on European CouncilThe total trade between the EU and the US amounted to 1.68 trillion euros ($ 1.96 trillion) in 2024. While the EU conducted a trade surplus when it comes to goods, it recorded a deficit. Overall last year, the block had an excess of about 50 billion euros, considering both goods and services.

Last Friday, Financial Times reports that Trump insisted on a minimum tariff from 15% to 20% when EU imports in any unit. The president was reported to be pleased to keep the duties at a car 25%, which could harm the exporters of cars in Germany.

It would seem that the White House’s tougher position to Brussels has pushed politicians to consider how they will respond to a 30% tariff, which will become a steep campaign from the current 10% duty that came into force in April.

One EU official said CNBC that there was a clear mood shift regarding the bloc’s potential reaction among all EU member states, except for Hungary, whose leader Victor Orban is an ally of Trump.

The block is preparing against the US against the US, and EU leaders are repeatedly saying they can be implemented unless an agreement is reached.

Until August 6, until August 6, there are long -term imports of imports from the US 21 billion euros, and the European Commission has prepared a second round of tariffs aimed at trade worth 72 billion euros.

It can affect imports from clothing to agricultural products and foods and beverages.

Meanwhile, The Wall Street Journal and Bloomberg reported that an increasing number of members reported its support in the EU, which deployed its tool against Coercion. This is the most powerful block of the bloc and will give the European Commission wide powers to take action against the United States against the United States

-The Ward Peakins in CNBC contributed to this report.