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
Drought and high fertilizer prices threaten rice production in the Philippines
Cabbage prices in Poland decline despite lower European harvests
Netherlands orders poultry to be kept indoors amid bird flu outbreaks
India’s biogas plants cut production amid difficulties selling organic ferti...
US oats production forecast raised
Write to us
Our manager will contact you soon