The European Union has decided to delay its planned penalties on American exports, which were set to begin next week. The decision comes after U.S. President Donald Trump threatened to put a 30 percent tariff on European goods starting August 1.
According to Politico, European Commission President Ursula von der Leyen announced on Sunday that the EU would suspend its countermeasures until early August. This measured response contrasts with Trump’s increasingly divisive approach to international partnerships. This decision was made after Trump’s unexpected Saturday announcement about implementing a blanket 30 percent tariff on EU imports.
