EU Postpones Retaliatory Tariffs on U.S. Goods to Mid-April
The delay aims to synchronize countermeasures, consult EU member states, and allow more time for negotiations with the U.S.
- The European Union has delayed its first set of retaliatory tariffs on U.S. goods from April 1 to mid-April.
- The postponement aligns the timing of two planned tariff measures targeting U.S. goods worth up to 22.5 billion euros.
- The tariffs are a response to U.S. Section 232 tariffs on EU steel and aluminum, which the EU disputes as unjustified.
- EU officials emphasized the delay will allow consultations with member states and further negotiations with the U.S.
- The EU is preparing for potential retaliation measures totaling up to 26 billion euros, underscoring ongoing trade tensions.
Newsweek 
CNBC 
