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EU Suspends US Tariff Retaliation, Signs Trade Deal with Indonesia

7/14/2025

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Summary

Story summary

In a bold move, EU chief Ursula von der Leyen has extended the suspension of retaliation against US tariffs until early August, seeking a diplomatic resolution. Simultaneously, she unveiled a landmark political agreement for a free trade deal with Indonesia, a decade in the making, promising to strengthen trade ties during these uncertain economic times.

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Story summary

In a bold move, EU chief Ursula von der Leyen has extended the suspension of retaliation against US tariffs until early August, seeking a diplomatic resolution. Simultaneously, she unveiled a landmark political agreement for a free trade deal with Indonesia, a decade in the making, promising to strengthen trade ties during these uncertain economic times.