Aha!
EU postpones retaliatory tariffs on US products until early August
zeit.de/wirtschaft/2025-07/eu-verschiebt-gegenzoelle-auf-us-produkte-bis-anfang-august
Something is happening behind the curtains....
Despite new tariff announcements from the US, the EU plans to impose counter-tariffs only in early August. According to the EU Commission, there is still hope for an agreement.....
They are surely talking....phoning....something.....
....In response to US tariff policy, a package of EU counter-tariffs worth €21 billion was supposed to go into effect overnight into Tuesday. Even before US President Trump's latest tariff announcement, the US had raised several tariffs on EU products.
Negotiations instead of counter-tariffs
As the Reuters news agency reported, citing negotiating sources, several EU countries - including Germany - advocated for temporarily suspending the counter-tariffs over the weekend. This step was intended to facilitate negotiations with the US government.....