EU postpones imposition of duties in response to US tariffs for 90 days
The European Union has decided to postpone the introduction of mirror tariffs in response to US President Donald Trump’s tariffs for 90 days.
This was announced by European Commission President Ursula von der Leyen.
“We have taken note of President Trump’s statement. We want to give negotiations a chance. If the negotiations are not satisfactory, we will apply our countermeasures. Preparatory work on further countermeasures is ongoing. As I said earlier, all options remain on the table,” she wrote.
It is known that the corresponding tariffs were to come into effect on April 15. However, the day before, Donald Trump announced a 90-day pause with reduced tariffs of 10% for countries, including the EU. Therefore, Europe responded in kind.
Read also
Coming Up in UkrAgroConsult Reports: Key Market Signals
Südzucker expects sugar prices to recover as EU supply tightens
Delays in edible oil shipments could force Ukrainian oilseed crushing plants to sh...
Ukraine resumes sunseed exports to Bulgaria after September pause
Black Sea grain surplus could trigger a collapse in global prices once ports reopen
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon