EU trade ministers denounced US President Trump's 30% tariffs on EU goods as "absolutely unacceptable." They are preparing a €72 billion ($84 billion) countermeasure list targeting US imports, delaying their implementation until August 1st to allow for continued negotiations. While hoping for a negotiated solution, the EU is also readying robust countermeasures if a trade deal isn't reached, emphasizing unity and exploring alternative trade partnerships with countries like Indonesia.

Prepared by Christopher Adams and reviewed by editorial team.