European Commission President Ursula von der Leyen announced on Sunday that the EU will extend its pause on retaliatory measures against U.S. tariffs until early August, in an effort to reach a negotiated trade agreement with the United States.
The move comes after U.S. President Donald Trump escalated trade tensions by threatening to impose a 30% tariff on EU imports starting August 1, in addition to existing sector-specific duties, despite months of talks.
Von der Leyen said the EU is continuing to prepare additional countermeasures to ensure readiness, should talks fail. The initial package of retaliatory tariffs, worth €21 billion ($24.6 billion) and aimed at U.S. steel and aluminium imports, was suspended in April for 90 days and had been set to expire on Monday.
A second set of measures, under development since May, targets €72 billion in U.S. goods. While the list has not been made public, it still requires approval from EU member states.
Von der Leyen also clarified that the EU’s Anti-Coercion Instrument, which allows for broader economic retaliation against countries applying pressure on EU policies, is not yet being considered. She emphasised that the instrument is reserved for “extraordinary situations,” which the EU has not yet reached.
Potential EU responses could involve limiting U.S. access to the European market, imposing restrictions on foreign investment, financial services, export controls, and other economic measures.
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U.S. negotiators Steve Witkoff and Jared Kushner will visit Russia then Ukraine over the weekend, Russian state news agency TASS has reported, citing an unnamed source. Ukrainian President Volodymyr Zelenskyy has also said American envoys will visit the capitals of both countries.
The Iranian Health Ministry said at least 18 people were killed and 142 others injured in U.S. airstrikes carried out between 30 August and 2 September.
U.S. negotiators Steve Witkoff and Jared Kushner have arrived in Moscow for peace talks on the Russia-Ukraine conflict, two people familiar with the matter said. They were met by Russian Presidential Envoy Kirill Dmitriev.
U.S. efforts to squeeze Iran’s economy through an oil blockade and sanctions are becoming increasingly difficult for Tehran to withstand, according to three senior Iranian sources. Washington is escalating pressure in hopes of securing concessions in future negotiations.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 4th of September, covering the latest developments.
A Chinese national was pulled alive from a tunnel in Nepal on Saturday, authorities said, 10 days after a wall of ice, rock and mud tore through a Himalayan valley, killing more than 1,300 people and leaving more than 5,600 missing.
U.S. negotiators Steve Witkoff and Jared Kushner have arrived in Moscow for peace talks on the Russia-Ukraine conflict, two people familiar with the matter said. They were met by Russian Presidential Envoy Kirill Dmitriev.
Spanish authorities are preparing a new site in Ceuta to accommodate hundreds of migrants who remain on the streets following large-scale arrivals in July, local media reported Saturday.
At least two people were killed and dozens injured on Friday after an explosion at a military barracks in the Bolivian municipality of Viacha, about 30 km (20 miles) from La Paz, Defence Minister Ernesto Justiniano said.
The resolution, sponsored by African countries and led by Togo, passed by 164 votes to one, with six abstentions. The United States was the only country to vote against it.
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