April 16, 2025
European Commission: The first countermeasures of US tariffs will take effect from April 15 thumbnail
Economy

European Commission: The first countermeasures of US tariffs will take effect from April 15

These countermeasures can be suspended at any time if the United States agree to “fair and balanced negotiating result””, – WRITE: www.radiosvoboda.org

EU Member States have voted in favor of the European Commission’s proposal to introduce trade countermeasures against US tariffs.

According to the EU press service, today’s vote of the Member States means that after the internal procedures of the commission and the publication of the implementation of the implementation of the implementation act, counter-measures will become valid-the duties will begin to be charged from April 15.

“The EU considers US tariffs unjustified and harmful, which cause economic damage to both parties, as well as the world economy. The EU has declared its clear advantage to find the results of negotiations with the United States, which would be balanced and mutually beneficial, ”the message reads.

It is noted that the European Commission’s proposal for countermeasures was made in response to the March US decision to introduce tariffs for imports of steel and aluminum from the EU.

These countermeasures can be suspended at any time if the US agrees to “a fair and balanced result of the negotiations,” the European Commission adds.

Earlier, the European Commissioner for Trade Marosh Shefchovich stated that the EU plans to introduce April 15 and May 15.He noted that although the European Union remains open to the US talks regarding tariffs, it will not be endless.

Read also: The trade war between the US and the EU: the first shot

US President Donald Trump on April 2 announced the introduction of duties on goods from all over the world that will be imported to the United States. The basic customs rate on import of all foreign goods to the United States will be 10%. But for EU countries, it will be 20%.

Earlier Donald Trump signed the decrees on February 10 about the introduction of 25 percent duties to import of steel and aluminum Since March 12.

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