On July 13, Bernd Lange, chairman of the European Parliament's Trade Committee, said that the EU should formulate countermeasures as soon as Monday. He said: "Trump's tariffs on the EU are a slap in the face for negotiations. This is not the way to deal with an important trading partner." (Golden Ten)

Previously, European Commission President Von der Leyen issued a statement stating that the EU has taken note of the letter from US President Trump, which outlined the revised tariff rates and new timetable. The statement stated that the United States' imposition of a 30% tariff on EU exports will disrupt important supply chains on both sides of the Atlantic and harm the interests of companies, consumers and patients on both sides.

Globally, few economies can match the EU in terms of openness and adherence to fair trade rules. The EU has always been committed to resolving differences with the United States through negotiations. The EU remains ready to continue working towards an agreement by August 1. [BlockBeats]

European Official: EU Should Finalize Countermeasures as Soon as Monday