EU suspends retaliatory tariffs on US goods
Jul 13, 2025•6 min
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Episode description
In developing news overnight, the European Union will suspend retaliatory tariffs on goods from the United States.
The suspension is scheduled to take effect later today in the hope of reaching a trade deal with the Trump administration by the end of the month.
It comes after US President Donald Trump sent a letter announcing new tariffs of 30 per cent on all goods imported from the EU and Mexico from August 1.
- Guest: Ignacio Garcia Bercero, Non-resident fellow at Brussels-based think-tank, Bruegel, and former director at the Directorate General for Trade of the European Commission
- Producer: Grace Stranger
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