President Donald Trump on Saturday announced 30 percent tariffs on all European goods entering the U.S., prompting pushback from European allies.

The EU will suspend retaliatory tariffs on U.S. goods scheduled to take effect Monday in hopes of reaching a trade deal with the Trump administration by the end of the month.

As well as the initial list of counter-tariffs, the European Commission, which runs trade policy, is consulting on a package of tariffs on a further €95bn of imports from the US, including aircraft, ...