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
Shipping halt causes congestion at Russia’s Azov ports
Rumours emerge about possible Russian shipping restrictions in the Sea of Azov
Ukraine’s strikes on Russian vessels in the Sea of Azov lifted wheat prices ...
Spanish producers call for a halt to Brazilian beef imports
Egypt expands powers of agency responsible for wheat imports
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon