https://www.taxtmi.com/news?id=49395 European trade ministers delayed planned retaliatory measures until 1 August to allow negotiations after a US announcement of steep tariffs, stating that countermeasures remain an available and proportionate tool if talks fail. The EU framed the delay as a limited window for diplomacy while preparing for all outcomes, and emphasised parallel efforts to diversify markets through new and ongoing economic partnerships. en-us Mon, 14 Jul 2025 20:31:03 +0530 Mon, 14 Jul 2025 20:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=49395 European trade ministers delayed planned retaliatory measures until 1 August to allow negotiations after a US announcement of steep tariffs, stating that countermeasures remain an available and proportionate tool if talks fail. The EU framed the delay as a limited window for diplomacy while preparing for all outcomes, and emphasised parallel efforts to diversify markets through new and ongoing economic partnerships. News - Mon, 14 Jul 2025 20:31:03 +0530 https://www.taxtmi.com/news?id=49395