EU delays implementing first retaliatory tariffs on U.S. goods to middle of April

EU delaying retaliatory trade action to mid-April

BRUSSELS — The European Union delayed until mid-April its retaliatory trade action over the Trump administration's increase in tariffs on all steel and aluminum imports to 25%, senior officials said Thursday.

The European Union is buying time by postponing the unfreezing of customs retaliatory measures for two weeks.

Trump’s 200% Tariff Threat: EU’s Bold Move to Delay Retaliation Shakes Global Markets

In a significant development in international trade relations, the European Union (EU) has announced a delay in implementing retaliatory tariffs on a range of U.S. products, including American whiskey, motorcycles, and various agricultural goods. Originally scheduled to begin on April 1, these tariffs are now set to take effect on April 13, providing additional time for negotiations between EU and U.S. officials.​ The EU’s decision to postpone t…

EU delays retaliatory trade action to mid-April to work out the impact of Trump’s reciprocal tariffs

The European Union is delaying until mid-April its retaliatory trade action over the Trump administration’s increase in tariffs on all steel and aluminum imports to 25%, senior officials said Thursday. The EU had intended to impose measures on goods from the United States worth some 26 billion euros ($28 billion) in two phases, on April 1 and April 13. The tariffs will target steel and aluminum products, but also American beef, poultry, bourbon,…

Tariffs: Weighing the Pros and Cons of Trade Barriers

In today's interconnected world, countries engage in trade to access goods and services that may not be readily available within their borders. However, governments sometimes impose tariffs (taxes on imported goods) to regulate trade. While tariffs can provide economic benefits,…

Latest update in Trump's trade war

In less than two weeks, the Trump administration is expected to announce sweeping tariffs against many of the countries American imports goods from. The European Union is pulling back on their plans for retaliation in hopes of preventing a trade war