26 Mar 2025

The EU also changed its mind! The countermeasures against the US were postponed!

The EU also changed its mind! The countermeasures against the US were postponed!

 

Recently, the European Union said that the EU's counter-tariff measures on some US goods will be postponed to mid-April, instead of the originally planned two-stage implementation.

 

EU spokesman Olof Gill said: "This will provide more time for discussions with the US government."

 

Previously, the United States imposed a 25% tariff on all imported steel and aluminum from March 12.

 

The EU announced on the same day that it had decided to impose counter-tariffs on US goods worth 26 billion euros.

 

The counter-tariff is divided into two parts, aimed at responding to the tariffs imposed by the United States on steel and aluminum products imported from the EU on the same day.

 

Part 1: From April 1, the previous counter-measures against US tariffs will be restarted in response to the economic damage caused by the United States to the EU's 8 billion euros worth of steel and aluminum exports.

 

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Part 2: For EU exports worth more than 18 billion euros affected by the new US tariff policy, the EU will propose a package of counter-measures against US exports, which will take effect in mid-April after consultation with member states and stakeholders.