The EU and the US suspended reciprocal duties for 90 days, opening up space for negotiations. However, Brussels is ready for harder steps if the agreement is not reached.
The European Union suspended the application of retaliatory import duties to US goods by 14 July. The announcement was published in the Official Journal four days after the President of the European Commission Ursula von Der Leyen announced that Brussels postponed retaliatory duties to US products by 90 days. The EU thus responded to the previous step of US President Donald Trump, who decided to suspend the reciprocal duties last week for 90 days. Informed DPA.
The EU Member States voted on Wednesday (9 April) for the proposal of the European Commission (EC) to introduce commercial counter -Attacks against the United States and agreed that duty on US goods will be selected from April 15. These were the first retaliatory measures against duties on European steel and aluminum, which the US President introduced in March.
On Wednesday, however, Donald Trump announced that the so -called reciprocal duties that entered into force in the US that day was postponed by 90 days. The next day, the head of the European Commission said that in response to this, the European Union suspended retaliatory duties for imports from the US for 90 days. As she reported then, the EU gives a chance to negotiations. However, if they are not successful, Brussels is ready to accept additional countermeasures.
