We take note of the letter sent by U.S. President Trump outlining a revised tariff rate and a new timeline.

Imposing 30 percent tariffs on EU exports would disrupt essential transatlantic supply chains, to the detriment of businesses, consumers and patients on both sides of the Atlantic.

Few economies in the world match the European Unions level of openness and adherence to fair trading practices. The EU has consistently prioritized a negotiated solution with the U.S., reflecting our commitment to dialogue, stability, and a constructive transatlantic partnership.

We remain ready to continue working towards an agreement by August 1. At the same time, we will take all necessary steps to safeguard EU interests, including the adoption of proportionate countermeasures if required.

Meanwhile, we continue to deepen our global partnerships, firmly anchored in the principles of rules-based international trade.