EU delays tariffs on US amid ongoing trade talks

Planned tariffs on US goods have been delayed by six months to allow further trade negotiations.

The EU has delayed planned tariffs on the US by six months to give more time for trade negotiations and avoid escalating tensions.

The European Union has postponed its planned tariffs on the United States by six months to allow more time for negotiations. Originally set for this week, the tariffs will now be suspended from Tuesday under a political agreement between Ursula von der Leyen and US President Donald Trump.

The move follows Trump’s imposition of 15% tariffs on most EU goods, including cars, announced last month. In return, the EU pledged to drop tariffs on US industrial exports and commit $1.35 trillion to energy purchases and investments, though financial details remain unclear.

Both parties are working on a Joint Statement to finalise the deal, which is currently not legally binding.

Trump also delayed his next round of global tariffs from 1 August to 7 August, which will impact over 60 countries. While the EU’s countermeasures are paused for six months, the situation remains fluid, with further negotiations expected before any final agreement.

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