U.S. President Donald Trump meets with European Commission President Ursula von der Leyen, successful Turnberry, Scotland, Britain, July 27, 2025.
Evelyn Hockstein | Reuters
The European Union announced Monday that it is suspending for six months its planned countermeasures against the United States' tariffs, which which were acceptable to instrumentality effect this week.
"On 27 July 2025, European Commission President Ursula von der Leyen and US President Donald J. Trump agreed a woody connected tariffs and trade," the EU Commission spokesperson for commercialized said successful a statement.
The spokesperson touted the statement arsenic restoring "stability and predictability for citizens and businesses connected some sides of the Atlantic."
"The EU continues to enactment with the US to finalise a Joint Statement, arsenic agreed connected 27 July," the spokesperson said.
"With these objectives successful mind, the Commission volition instrumentality the indispensable steps to suspend by 6 months the EU's countermeasures against the US, which were owed to participate into unit connected 7 August."
The White House did not instantly respond to CNBC's petition for remark connected the European Union announcement.
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