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US President Donald Trump meets with the President of the European Commission Ursula von der Leyen, Tournbury, Scotland, Britain, July 27, 2025.
Evelyn Hokstein | Reuters
A European Union announced on Monday that would suspend for six months planned counteraction measures Against the tariffs for the United States, which were to take effect this week.
“July 27, 2025. President of the European Commission Ursula von der leyen and the US president Donald J. Trump He agreed with the tariff and trade transaction, “the press secretary of the Commission on Trade said.
The press secretary advertised the agreement as a restoration of “stability and predictability for citizens and enterprises on both sides of the Atlantic”.
“The EU continues to work with the United States to finalize the joint statement, as agreed on July 27,” the press secretary said.
“Given these goals, the Commission will take the necessary measures to suspend the EU counter -US counter -action against the United States, which were supposed to come into force on August 7.”
It is expected that the pause is counter -entered on Tuesday.
The White House did not immediately respond to a CNBC request for a commentary on the proclamation of the European Union.
The delay is a concession from one of the largest US trading partners after weeks of negotiations between Trump and von der Leyen.
Trump Last month announced A trading transaction with the EU, which included 15% tariffs for most European goods in the US, including cars.
As part of the White House transaction said the EU “To reduce significant tariffs, including the elimination of all tariffs for the US industrial goods exported to the EU.”
Trump also said the 27-member unit agreed to buy energy worth $ 750 billion and invest in the US additional $ 600 billion in US higher levels.
But it is unclear who will accurately make this investment or how. The economic bloc does not have the powers to force private companies to buy oil or American grain.
The EU’s statement on the July transaction also emphasized that it was a political agreement and “not legally obligatory”.
“In addition, to take direct actions, the EU and the US will agree, in accordance with the relevant internal procedures to fully implement the political agreement,” the statement reads.
The announcement comes at the beginning of the next big week for Trump’s trading program.
After weeks of changing Trump’s terms Last week again The date of the start of new tariffs that came into force.
Tariffs for more than 60 countries should start to meet on some deliveries on August 7, after Trump has advanced the introduction date from August 1.
