{"id":258683,"date":"2025-07-12T10:28:24","date_gmt":"2025-07-12T10:28:24","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/258683\/"},"modified":"2025-07-12T10:28:24","modified_gmt":"2025-07-12T10:28:24","slug":"the-ball-is-in-your-court-politico","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/258683\/","title":{"rendered":"The ball is in your court \u2013 POLITICO"},"content":{"rendered":"

The EU has been pushing for an agreement in principle<\/a> with the White House that would anchor a 10 percent U.S. baseline tariff and provide relief for industrial sectors such as aircraft and spirits. A solution on car tariffs, which stand at 25 percent, is also under discussion.<\/p>\n

Trump told NBC on Thursday evening<\/a> that he would soon notify the EU of new tariffs. The EU said Thursday, meanwhile, that it doesn\u2019t expect a letter in the style of Japan, South Korea \u2014 and, on Thursday, Canada, which the U.S. president hit with a 35 percent tariff.<\/p>\n

The European Commission was not for now planning any more meetings with U.S. counterparts for Trade Commissioner Maro\u0161 \u0160ef\u010dovi\u010d or Commission President Ursula von der Leyen over the weekend. Gill stressed, however, that \u201cthat can change very quickly.\u201d<\/p>\n

The U.S. this week suddenly extended the deadline<\/a> for trade partners to seal a deal, from July 9 to Aug. 1.<\/p>\n

The uncertainty over Trump\u2019s decision brings into play the question<\/a> of the EU\u2019s first package of retaliation measures against his tariffs. The bloc\u2019s tariffs on U.S. goods worth around \u20ac21.5 billion will kick in automatically<\/a> at 12:01 a.m. on Tuesday \u2014\u00a0unless the Commission decides to extend their current suspension.<\/p>\n

Gill said this step could be taken quickly by the Commission under a so-called urgency procedure. This would only require the subsequent approval of EU countries. \u201cShould we decide to extend the suspension \u2014 or if we need to unsuspend it \u2014 we can do that with the drop of a hat,\u201d he explained.<\/p>\n

That timeline gives the EU\u2019s 27 trade ministers time to discuss the state of play at a meeting in Brussels on Monday, before \u2014\u00a0if there is still no deal \u2014\u00a0deciding on any possible retaliation.<\/p>\n","protected":false},"excerpt":{"rendered":"The EU has been pushing for an agreement in principle with the White House that would anchor a…\n","protected":false},"author":2,"featured_media":258684,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[1212,943,346,2000,8954,299,5187,2122,1216,10057,525,1218,99198,479,1201,1219,49,1220],"class_list":{"0":"post-258683","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-aluminum","9":"tag-canada","10":"tag-cars","11":"tag-eu","12":"tag-eu-us-trade-talks","13":"tag-europe","14":"tag-european","15":"tag-japan","16":"tag-maros-sefcovic","17":"tag-pharma","18":"tag-south-korea","19":"tag-steel","20":"tag-steeltariffs","21":"tag-tariffs","22":"tag-trade","23":"tag-trade-war","24":"tag-united-states","25":"tag-ursula-von-der-leyen"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114839794665201741","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/258683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=258683"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/258683\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/258684"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=258683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=258683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=258683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}