According to online reports, according to Xinhua Agency, European Commission Commissioner for Trade and Economic Security Shevcovic said on the 14th that if US-European trade negotiations fail, the EU is prepared to impose additional countermeasures on US imports worth 72 billion euros (about US$84 billion). Just as the EU and the United States are working hard to reach a trade agreement, U.S. President Trump announced on the 12th that a 30% tariff will be imposed on EU imports starting from August 1. Ministers of EU member states held a meeting in Brussels on the 14th to discuss how to respond to Trump's latest statement and prepare countermeasures. Danish Foreign Minister Rasmussen, who chaired the meeting, said at a press conference after the meeting that EU member states considered the US tariff threat "absolutely unacceptable." He stressed: "We want to reach a fair agreement. But if we encounter unfair tariffs, we should be prepared to respond."