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On July 14, news from the European Commission's Commissioner responsible for trade and economic security, Shevchovich, stated that if the US-EU trade negotiations fail, the European Union is prepared to impose additional retaliatory tariffs on US imports worth 72 billion euros (approximately 84 billion US dollars). Just as the EU and the US are working to reach a trade agreement, US President Trump announced on the 12th that starting from August 1, a 30% tariff will be imposed on imports from the EU. EU member state ministers met in Brussels on the 14th to discuss how to respond to Trump's latest statement and prepare countermeasures.
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