Brussels: European Commission President Ursula von der Leyen expressed the EU's readiness to work towards a trade agreement with the US by August 1, following President Donald Trump's announcement of a 30% tariff on EU goods starting next month.

According to Anadolu Agency, von der Leyen emphasized the EU's commitment to a negotiated solution while taking necessary steps to protect EU interests, including possible countermeasures. She highlighted the importance of maintaining open and fair trading practices, warning that the tariffs could severely disrupt transatlantic supply chains, impacting businesses, consumers, and patients on both sides.

European Council President Antonio Costa supported von der Leyen, noting the negative effects of tariffs on inflation, economic growth, and certainty. He reiterated the EU's dedication to building strong global trade partnerships. Spanish Prime Minister Pedro Sanchez echoed these sentiments, advocating for continued negotiations to avoid the detrimental effects of "unjustified" tariffs.

Italy's government stressed the importance of remaining focused on negotiations and avoiding actions that could lead to further polarization. They expressed hope for reaching a fair agreement to prevent a trade war, which would be counterproductive given the current global economic landscape.

Swedish Prime Minister Ulf Kristersson expressed regret over the US decision, advocating for international cooperation and free trade. He warned that an escalated trade conflict would harm both sides, with US consumers bearing the highest cost.

President Trump's announcement of a 30% tariff on the EU and Mexico casts uncertainty over ongoing US-EU trade talks, which were expected to culminate in a comprehensive trade deal soon. The situation remains tense as both sides navigate the implications of these new tariffs.