The EU slows the retaliatory savings against us

The retreating EU rates on US exports have been slowing down again, European Commission President Ursula von der Leyen said.

Opponents, who had to start on Tuesday, came in response to the initial taxes on the import of US President Donald Trump on steel and aluminum.

The EU revenge, which would hit American goods worth 21 billion euros, was first suspended in March. This vacation has been extended until early August, von der Leyen told a press conference on Sunday.

EU ministers are expected to meet in Brussels on Monday to discuss how to answer.

This comes after Trump wrote a letter to von der Leyen, announcing his plans to impose 30% rates on EU imports from August 1st.

He warned that if the trading partner avenges his own import duties against the US, He would back away by raising the rates over 30%S

In a pre -recorded interview with Fox News, which was broadcast on Saturday night, Trump said some countries were “very upset”, but he insisted that tariffs mean “hundreds of billions of dollars” to be “pouring”.

Von der Leyen told reporters on Sunday: “The United States sent us a letter of measures that would come into force, unless there was a contract, so we would therefore expand our opposition to the beginning of August.

“At the same time, we will continue to prepare for opposition so that we are fully prepared.”

The President of the European Commission insisted that the EU “has always been very clear that we prefer a negotiation decision.”

“This remains so and we will use the time we have now until August 1,” she added.

EU ministers will meet on Monday in Brussels to discuss how strong a line to take with Washington.

German Finance Minister Lars Klingbale said on Sunday that “serious and decision – -oriented negotiations” with the United States are still needed, but added that if they fail, the EU will need “decisive job protection and business in Europe”.

“Our hand remains outstretched, but we will just accept nothing,” Klingbale told the Daily Newspaper Sueddeutsche Zeitung.

His comments came after French President Emanuel Macron called on Saturday called the European Commission – which negotiates on behalf of all EU countries – to “decide to defend European interests.”

As of Saturday, the Trump administration has already offered tariff conditions in 24 countries and the EU, which is composed of 27 countries.

On April 12, the White House trading adviser Peter Navarro set himself aimed at providing “90 deals in 90 days”.

So far, the president has declared the outline of two such pacts with the United Kingdom and Vietnam, as negotiations with others continue.