The European Commission will suspend on Tuesday a package of trade countermeasures targeting €93 billions' worth of American goods which was scheduled to take effect on 7 August, as it continues to negotiate a joint statement formalising the agreement struck by Commission President Ursula von der Leyen and US President Donald Trump on 27 July.
“The EU continues to work with the US to finalise a joint statement, as agreed on 27 July,” EU spokesperson Olof Gill said, adding: “With these objectives in mind, the Commission will take the necessary steps to suspend by six months the EU’s countermeasures against the US, which were due to enter into force on 7 August.”
