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EU Plans Closer Ties With Countries Hit by Trump Tariffs

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July 14, 2025

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The EU plans to team up with nations hit by Donald Trump’s tariffs, and will reach out to Canada and Japan for possible cooperation, people familiar said. It’s also delaying countermeasures against the US to allow more time for talks. In case you missed it, Trump threatened to slap a 30% levy on the bloc by August if they cannot negotiate better terms. German Chancellor Friedrich Merz said such a rate would hit exporters in his country “to the core.”

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The EUDonald TrumpsGerman Chancellor Friedrich MerzSubscribe Bloomberg NewsYouTube Connect

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EU Plans Closer Ties With Countries Hit by Trump Tariffs · Bloomberg News · Sentinel