EU delays implementing first retaliatory tariffs on US goods to middle of April

Source: CNBC

“The European Union will delay implementing its first set of tariffs on goods from the U.S. until the middle of April to allow for additional time for discussions with Washington, an EU spokesperson told CNBC Thursday. ‘The Commission has decided to align the timing of the two sets of EU countermeasures against U.S. 232 tariffs on EU steel and aluminum,’ the spokesperson told CNBC, adding that the delay ‘provides additional time for discussions with the U.S. administration.’ … Earlier in March, the EU had indicated it would follow a two-pronged approach of reimposing previously suspended tariffs and introducing a slew of additional duties on further goods exported by the bloc to the U.S. Those include industrial-grade steel and aluminum, other steel and aluminum semifinished and finished products, along with their derivative commercial products, such as machinery parts and knitting needles.” (03/20/25)

https://www.cnbc.com/2025/03/20/eu-delays-first-retaliatory-tariffs-on-us-goods-to-mid-april.html