Trade dispute
EU shifts tariffs against the United States
The EU presses the pause button: the announced counter-duties against the United States are postponed by a few weeks. Behind it is the hope of an agreement with Donald Trump.
In the customs dispute with the United States, the EU Commission does not want to put its countermeasures into force on Monday, but shifts them to the beginning of August. The EU Commission President Ursula von der Leyen announced on Sunday.
The EU wants to wait and see whether an agreement with the United States, despite the customs increase threatened by US President Donald Trump on Saturday, is still possible to 30 percent for EU imports. There is still hope for an agreement, said von der Leyen as justification. Trump announced the tariffs on August 1st.
“The United States sent us a letter with measures that would come into force if there is no negotiating solution, so we will also extend the suspension of our countermeasures until the beginning of August,” said Von der Leyen.
The EU’s counter -duties should have come into force on Monday
Actually, a package with counter-tariffs of 21 billion euros should have come into force against the United States on Monday because the United States had already raised several customs dates for EU products. According to information from Reuters from negotiating circles, the federal government and some other states had pleaded for the time being, according to information from Reuters from negotiation circles, so as not to make negotiations with Washington difficult.
The chairman of the European Parliament’s Commercial Committee, Bernd Lange (SPD), had called for the Reuters news agency that the EU should focus on the package on Monday.
Reuters
EPP
Source: Stern
