The European Union will suspend retaliatory tariffs on U.S. goods scheduled to take effect Monday in hopes of reaching a trade deal with the Trump administration by the end of the month. “This is now the time for negotiations,” European Commission President Ursula von der Leyen told reporters in Brussels on Sunday, after President Donald Trump sent a letter announcing new tariffs of 30% on goods from the EU and Mexico starting Aug. 1. Italian Premier Giorgia Meloni warned Sunday that a trade war “would make us all weaker in the face of the global challenges we face together” and said Italy would actively work for a fair deal.
Author: Boston Herald Wire Services
Published at: 2025-07-13 21:34:25
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