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Why the EU is delaying retaliatory tariffs against the U.S. (Video)

The European Union is delaying retaliatory tariffs against the U.S. amid President Trump's warning about 30% levies on imports from the EU beginning Aug. 1 if a trade deal isn't reached. CBS News' Ramy Inocencio has the latest details.

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Why the EU is delaying retaliatory tariffs against the U.S. (Video)

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Why the EU is delaying retaliatory tariffs against the U.S. (Video)

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Why the EU is delaying retaliatory tariffs against the U.S. (Video)
Title
Why the EU is delaying retaliatory tariffs against the U.S. (Video)
Description

The European Union is delaying retaliatory tariffs against the U.S. amid President Trump's warning about 30% levies on imports from the EU beginning Aug. 1 if a trade deal isn't reached. CBS News' Ramy Inocencio has the latest details. CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News 24/7: https://cbsnews.com/live/ Download the CBS News app: https://cbsnews.com/mobile/ Follow CBS News on Instagram: https://instagram.com/cbsnews/ Like CBS News on Facebook: https://facebook.com/cbsnews Follow CBS News on X: https://twitter.com/cbsnews Subscribe to our newsletters: https://cbsnews.com/newsletters/ Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h For video licensing inquiries, contact: licensing@veritone.com