The European Union will delay the implementation of its trade countermeasures against the United States from Monday until early August to allow more time to negotiate a deal.

The EU's retaliatory tariffs on US exports have been delayed again, European Commission President Ursula von der Leyen has announced. The countermeasures, which were due to start on Tuesday, came in response to US President Donald Trump's initial import taxes on steel and aluminium.

EU position attracts swift backing from European capitals Bloc ready to take 'proportionate countermeasures' if needed Macron says Commission must defend bloc's interests 'resolutely' Trump's biggest grievance is merchandise trade deficit July 12 (Reuters) - The European Union said on Saturday it was ready to retaliate to defend its interests if the United States pressed ahead with imposing a 30% tariff on European goods from August 1.