Mon Jul 14 09:40:53 UTC 2025: Okay, here’s a summary of the text followed by a news article written from an Indian perspective:

**Summary:**

The European Union is attempting to negotiate a trade deal with the United States to avoid significant tariffs threatened by U.S. President Donald Trump. Trump announced he would impose 30% tariffs on most EU imports starting August 1st, 2025. The EU is prioritizing negotiations but preparing countermeasures if talks fail. Despite the tensions, the EU has extended the suspension of its countermeasures to allow for negotiations, hoping to reach an agreement. EU leaders are emphasizing the need for unity and preparedness for potential trade war scenarios.

**News Article:**

**Trade Tensions Mount: EU Prepares for Potential Trade War with US**

**New Delhi, July 14, 2025:** As the deadline looms, the European Union is scrambling to avert a major trade conflict with the United States. According to reports from Brussels, EU Trade Commissioner Maros Sefcovic stated that the bloc is prioritizing negotiations with the US administration to secure a trade deal by August 1st. This comes after U.S. President Donald Trump declared intentions to impose 30% tariffs on most EU imports.

This potential trade war raises concerns in India, which has significant trade relations with both the EU and the US. Disruptions in transatlantic trade could ripple through global supply chains, affecting Indian businesses and consumers. Moreover, with Trump already imposing 35% tariff on Canada, and eyeing 15%-20% tariffs for others, the global economy can expect further turmoil.

While the EU is prioritizing a negotiated solution, Commissioner Sefcovic emphasized the need to prepare “proportionate countermeasures” if talks fail. This preparation for a potential trade war has significant implications. It could lead to increased protectionism worldwide, forcing countries like India to re-evaluate their trade strategies and potentially seek alternative markets.

European Commission President Ursula von der Leyen has warned that these tariffs would disrupt vital supply chains and harm businesses on both continents. The EU has extended its suspension of retaliatory measures, hoping to reach an amicable resolution. However, the situation remains highly volatile. As Danish Foreign Minister Lars Lokke Rasmussen put it, “If you want peace, you have to prepare for war.”

The developments in the EU-US trade relationship are being closely watched in New Delhi, with Indian policymakers assessing the potential impact on the nation’s economic growth and trade diversification efforts.

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