Trump says EU to face a 30% tariff from 1 Aug.
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President Donald Trump has delayed implementing his widespread "Liberation Day" tariff for a second time, flip-flopping on whether the new deadline was ironclad.
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The European Commission responded to Trump's announcement in a written statement, saying it remains ready to reach an agreement, while also taking "necessary steps to safeguard EU interests, including the adoption of proportionate countermeasures.
U.S. President Donald Trump on Sunday said some trade deals had been made with trading partners and letters would go out to other countries notifying them of higher tariff rates.
President Trump said the U.S. will impose steep levies on imports from 20 countries starting next month, raising pressure on trading partners.
The treasury secretary says the ‘Liberation Day’ tariffs will now go into effect at the beginning of next month if countries refuse to renegotiate
Trump Tariff Letters: See the Latest Rates and Countries Affected President Trump has told 22 countries that they will face tariffs of at least 20% on Aug. 1 if they don’t reach agreements by then.