US President Donald Trump on Saturday threatened to impose a 30% tariff on all goods imported from the European Union starting August 1.

The EU will extend its suspension of countermeasures to US tariffs until August, aiming for a negotiated trade solution, says President Ursula von der Leyen.

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The European Union will delay the implementation of its trade countermeasures against the United States from Monday until early August to allow more time to negotiate a deal.

President Donald Trump on Saturday announced he’s imposing tariffs of 30% against the European Union and Mexico starting Aug. 1.