New Delhi, July 13 -- The European Union (EU) announced on Sunday that it will extend the suspension of its trade countermeasures against the United States until 1 August 2025.

The decision comes as the bloc seeks to continue negotiations with the US as President Donald Trump threatened to impose a new 30 per cent tariff rate on EU goods, Bloomberg reported.

These countermeasures, initially adopted by the bloc in response to tariffs imposed by Trump on steel and aluminum, had been paused to allow for talks and are due to snap back automatically at midnight on Tuesday, said EU chief Ursula von der Leyen.

The chief also said that meanwhile, the EU would continue to prepare further countermeasures, ensuring the bloc is "fully prepared," i...