EU delays counter-tariffs to allow for more negotiations

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The European Union has announced a delay in implementing its first set of counter-tariffs against the United States, originally scheduled for early April. 

The decision follows limited progress in trade discussions between the two sides. 

The EU aims to synchronise two batches of countermeasures into a single mid-April rollout to allow further consultations with member states and open space for continued negotiations. 

This move comes amid concerns from leaders in France and Italy about escalating the dispute, especially over sensitive products like American bourbon and European wine.

Read more:

https://ec.europa.eu/commission/presscorner/detail/en/speech_25_840

 

www.reuters.com/markets/europe/eu-may-delay-first-set-counter-tariffs-against-us-mid-april-2025-03-20/

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