on the 12th local time, European Commission President von der Leyen issued a statement saying that the EU has taken note of a letter from US President Trump outlining revised tariff rates and a new timetable. The statement said that imposing a 30% tariff on EU exports to the United States would disrupt important supply chains across the Atlantic and harm the interests of businesses, consumers, and patients on both sides. The statement said that globally, few economies can match the EU in terms of openness and adherence to fair trade rules. The EU has always been committed to resolving differences with the United States through negotiations. The statement said that the EU remains prepared to continue efforts to reach an agreement by August 1. At the same time, all necessary measures will be taken to safeguard the interests of the EU, including taking proportionate countermeasures when necessary. The EU will also continue to deepen global partnerships, firmly based on rule-based international trade principles.
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