
The European Union has paused its countermeasures on unjustified US trade tariffs to allow time and space for EU-US negotiations.
The decision – which puts on hold for up to 90 days the EU's planned countermeasures against US tariffs on EU steel and aluminium imports - was made in response to the US delaying by 90 days its so-called reciprocal tariffs.
Haber Detayı
In total, the suspended EU countermeasures cover €21 billion of US exports.
The Commission has adopted two legal acts on 14 April which, respectively, impose and suspend its countermeasures:
- The first act imposes the EU countermeasures.
- The second act suspends all such measures until 14 July 2025.
On 14 April, the Commission adopted two implementing acts – one that adopts the EU countermeasures, and another act that immediately suspends them.
Concretely, the first implementing act, which imposes the EU response:
- Calibrates the 2018 measures reducing of the duty rate level to maximum 25% across the board and revising its scope (annex I).
- Introduces the new package of countermeasures to respond to the expansion of the US tariffs to new products the increase of US tariffs on aluminium from 10 to 25% (annexes II-IV).
The second act suspends all measures until 14 July 2025.
For more information
Haber Detayı