US-EU trade negotiations and tariffs
The EU agreed to double tariffs on foreign steel and is considering retaliatory tariffs on US goods by September 30, 2026, citing excess Chinese production and US tariffs, as reported on April 20, 2026. As of April 20, 2026: The EU's trade surplus has shrunk by 60% due to existing US import tariffs, and China has vowed countermeasures if new US tariffs materialize. The US administration is preparing to refund billions in unlawfully collected tariffs starting April 20, 2026, and imposed a 100% tariff on patented pharmaceutical products, effective July 31, 2026, for large companies. The European Parliament approved a trade deal with the US on March 26, 2026, including a "suspension clause" and a "sunset clause" expiring March 31, 2028, to eliminate EU import duties on US industrial goods while the US would impose a 15% tariff ceiling on most EU products. The Trump administration implemented new tariffs on April 6, 2026, including 50% on aluminum, steel, or copper articles, 25% on derivative articles, and 100% on patented pharmaceuticals.
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April 2026 — 7 developments
The EU has agreed to double tariffs on foreign steel, citing excess production from China and the impact of US tariffs.
The EU has agreed to double tariffs on foreign steel, citing excess production from China and the impact of US tariffs. The EU is also considering imposing retaliatory tariffs on US goods by September 30.
China has vowed to impose countermeasures if President Trump's threat of new tariffs materializes.
China has vowed to impose countermeasures if President Trump's threat of new tariffs materializes. The EU's trade surplus has shrunk by 60% as exports to the US have fallen due to existing US import tariffs. The European Parliament has approved legislation for a trade deal with the US, but with conditions to protect against future tariff threats.
The U.S. administration is preparing to refund billions of dollars collected under tariffs later rul…
The U.S. administration is preparing to refund billions of dollars collected under tariffs later ruled unlawful by the U.S. Supreme Court, with refunds expected to begin on April 20, 2026. A new executive order imposes a 100% tariff on patented pharmaceutical products and their active pharmaceutical ingredients, effective July 31, 2026, for large companies and September 29, 2026, for smaller manufacturers.
The European Parliament has scheduled a committee vote to advance a stalled trade deal with the Unit…
The European Parliament has scheduled a committee vote to advance a stalled trade deal with the United States, which includes clauses for territorial integrity threats and a sunset clause for expiration in March 2028. The White House has not yet responded to this development.
The European Parliament and Council are clashing over the implementation of the US trade deal, with …
The European Parliament and Council are clashing over the implementation of the US trade deal, with the Parliament seeking conditional concessions and a 'sunrise clause' tied to US tariff reductions, while the Council questions the legality of proposed safeguard clauses. The EU has also delayed the deal's approval following a tariff threat from President Trump.
The Trump administration has implemented new tariffs, effective April 6, 2026, including 50% on alum…
The Trump administration has implemented new tariffs, effective April 6, 2026, including 50% on aluminum, steel, or copper articles, 25% on derivative articles, and 100% on patented pharmaceuticals. These measures aim to bolster domestic manufacturing and address national security concerns amidst ongoing trade discussions with the EU.
European lawmakers are expressing reservations about the 'Turnberry Agreement' with the U.
European lawmakers are expressing reservations about the 'Turnberry Agreement' with the U.S., demanding clearer trade policy commitments. This comes as the U.S. has increased its worldwide tariff rate to 15% from 10%, impacting trade partners.
March 2026 — 13 developments
The European Parliament approved key legislative proposals for a trade deal with the United States on March 26, 2026, advancing the agreement.
The European Parliament approved key legislative proposals for a trade deal with the United States on March 26, 2026, advancing the agreement. This vote signifies a crucial step towards implementing the tariff aspects of the framework agreement reached in July 2025.
The European Parliament has approved a trade deal with the United States, incorporating a "suspension clause" and a "sunset clause" with an expiration date of March 31, 2028.
The European Parliament has approved a trade deal with the United States, incorporating a "suspension clause" and a "sunset clause" with an expiration date of March 31, 2028. These safeguards were partly a response to former President Donald Trump's tariff threats and aim to eliminate EU import duties on U.S. industrial goods while the U.S. would impose a 15% tariff ceiling on most EU products.
The European Parliament is scheduled to vote on a tariff deal with the United States on March 26, 2026, aiming to eliminate most tariffs on industrial and agricultural goods.
The European Parliament is scheduled to vote on a tariff deal with the United States on March 26, 2026, aiming to eliminate most tariffs on industrial and agricultural goods. Lawmakers are pushing for additional safeguards, including an automatic lapse of EU tariff reductions in March 2028 and linking steel and aluminum tariff cuts to similar US actions.
The European Parliament's trade committee has voted to reduce EU tariffs on US products, signaling a potential thaw in transatlantic trade relations.
The European Parliament's trade committee has voted to reduce EU tariffs on US products, signaling a potential thaw in transatlantic trade relations. These reductions are contingent upon the US fulfilling its obligations and can be revoked if Washington exerts economic pressure, with lawmakers attaching conditions to the move.
The European Parliament's trade committee has voted to advance legislation for a trade deal with the…
The European Parliament's trade committee has voted to advance legislation for a trade deal with the United States, incorporating safeguards like a 'sunrise clause' contingent on US commitments. This comes amid renewed tariff threats from Donald Trump and the EU formulating a coordinated response to recent US tariff actions. Germany's Chancellor has expressed concern over persistent tariff uncertainty impacting both economies.
The European Parliament has voted to advance a trade deal with the United States, potentially easing transatlantic relations after a period of significant tension.
The European Parliament has voted to advance a trade deal with the United States, potentially easing transatlantic relations after a period of significant tension. The ratification process had been halted due to U.S. tariff threats and disputes over trade policies. The EU has implemented a "multi-tiered safety net" with strengthened suspension and sunrise clauses to address ongoing uncertainty.
The European Union has warned it will respond firmly to any violation of its tariff agreement with t…
The European Union has warned it will respond firmly to any violation of its tariff agreement with the United States, following the Trump administration's announcement of new trade investigations into unfair trade practices and forced labor. These probes aim to re-establish tariff pressure after a Supreme Court ruling invalidated previous tariffs. The EU is seeking clarification from Washington on how these investigations will impact the EU-US agreement.
The European Parliament's trade committee is preparing to vote on the EU-US trade pact on March 19, aiming to end a stalemate caused by US tariff disputes.
The European Parliament's trade committee is preparing to vote on the EU-US trade pact on March 19, aiming to end a stalemate caused by US tariff disputes. This vote is crucial for implementing the Turnberry Agreement and follows previous pauses due to threats of increased tariffs.
European Union Commissioner for Trade and Economic Security Maros Sefcovic stated on March 5 that he…
European Union Commissioner for Trade and Economic Security Maros Sefcovic stated on March 5 that he believes the US will respect the terms of the trade deal signed with the EU last year, following assurances from American counterparts. This comes after President Donald Trump's executive order imposed a 10% tariff on imports following a Supreme Court ruling that struck down most of his global tariffs.
Members of the European Parliament's Committee on International Trade (INTA) have temporarily suspended work on the EU-US trade deal.
Members of the European Parliament's Committee on International Trade (INTA) have temporarily suspended work on the EU-US trade deal. This decision stems from a desire for clarification from the US administration regarding how recent tariff changes might affect the negotiated agreement. The suspension is also seen as a reaction to a dispute between the US and Spain over the use of Spanish airports.
The European Union has kept its trade deal with the US frozen, with lawmakers seeking clarification …
The European Union has kept its trade deal with the US frozen, with lawmakers seeking clarification on how Washington will maintain the agreed-upon 15% tariff ceiling on EU products following a court ruling that invalidated previous global tariffs. The EU has also warned of retaliatory measures if the US does not honor the bloc-wide tariff deal, with concerns raised about the impact on the UK's trade agreement. President Trump has threatened to impose 'more powerful and obnoxious' tariffs, escalating trade tensions.
Top EU lawmakers on the European Parliament's trade committee decided on March 4, 2026, to continue pausing the ratification of the EU-US trade deal.
Top EU lawmakers on the European Parliament's trade committee decided on March 4, 2026, to continue pausing the ratification of the EU-US trade deal. They are seeking more information from Washington regarding how the U.S. will maintain a 15% ceiling on most EU products, as agreed upon in last summer's trade pact, following a court ruling that invalidated President Donald Trump's global tariffs.
The EU has responded to US President Donald Trump's threats to halt all trade with Spain, stating th…
The EU has responded to US President Donald Trump's threats to halt all trade with Spain, stating that it expects the US to honor its bloc-wide tariff deal and hinting at the possibility of retaliatory measures. The EU stated, "The Commission will ensure that the interests of the European Union are fully protected. We stand in full solidarity with all Member States and all its citizens and, through our common trade policy, stand ready to act if necessa..."
February 2026 — 10 developments
The European Commission has requested "full clarity" from the United States regarding its future tra…
The European Commission has requested "full clarity" from the United States regarding its future trade measures following a Supreme Court ruling that declared President Trump's tariffs illegal. The EU stated that the current situation is unfavorable for "fair, balanced, and mutually beneficial" transatlantic trade. Separately, President Trump has imposed a new 10% global tariff under Section 122 of the Trade Act of 1974, which is set to expire after 150 days, creating a mid-July deadline.
The European Union has paused the ratification of its trade deal with the United States due to ongoi…
The European Union has paused the ratification of its trade deal with the United States due to ongoing uncertainty surrounding President Donald Trump's tariff plans, following a US Supreme Court ruling that struck down previous tariffs. Trump has threatened to escalate his global tariff war with new levies, leading to a 1.8% drop in the Russell 2000 index. The EU's trade surplus with the US has also fallen to a five-year low.
President Donald Trump's global tariffs have taken effect at a 10% rate, a reduction from the 15% previously threatened.
President Donald Trump's global tariffs have taken effect at a 10% rate, a reduction from the 15% previously threatened. This change follows a US Supreme Court ruling that invalidated his sweeping import taxes. The European Parliament has paused ratification of the EU-US trade deal, awaiting clarity on the tariff implications.
The European Parliament has suspended the ratification of the EU-US trade agreement following a US S…
The European Parliament has suspended the ratification of the EU-US trade agreement following a US Supreme Court ruling that declared existing tariffs illegal and subsequent threats from Donald Trump to impose new universal tariffs. The bloc is prepared to act if the deal is undermined, with the immediate trigger being President Trump's announcement of a 10% to 15% universal levy on imports. This uncertainty has caused stock markets to decline, with the Russell 2000 index dropping by 1.8%.
The European Parliament has suspended the ratification of the EU-US trade agreement, citing concerns…
The European Parliament has suspended the ratification of the EU-US trade agreement, citing concerns that the US has breached the deal's spirit and letter by imposing new universal tariffs. The bloc is prepared to act if the deal is undermined, with the immediate trigger being President Donald Trump's announcement of a 10% to 15% universal levy on imports following a US Supreme Court ruling that invalidated his use of emergency powers for import taxes.
President Trump threatened to impose 'much more powerful and obnoxious' tariffs and announced a new …
President Trump threatened to impose 'much more powerful and obnoxious' tariffs and announced a new 15% global tariff effective February 23, 2026, creating significant uncertainty for the UK and EU. European stock markets experienced losses following the announcement. In response, the EU has paused its trade deal approval process with the US.
The European Union has paused the ratification of its trade agreement with the United States followi…
The European Union has paused the ratification of its trade agreement with the United States following a US Supreme Court ruling that declared existing tariffs illegal and new tariff threats from Donald Trump. European politicians stated they cannot proceed until clarity is provided on the tariffs, which Trump has proposed at a 15% rate. The Parliament's trade committee postponed a scheduled vote on the deal.
American lawmakers have voted against a rule upholding President Trump's tariff regime.
American lawmakers have voted against a rule upholding President Trump's tariff regime. Concurrently, EU lawmakers have reached an agreement to advance their trade pact with the US, signaling a breakthrough in EU-US trade relations.
The European Parliament's negotiating team remains divided on key aspects of the trade agreement with the United States, with a final decision expected next week.
The European Parliament's negotiating team remains divided on key aspects of the trade agreement with the United States, with a final decision expected next week. Negotiators have agreed to expand the grounds for suspending the agreement. Additionally, the EU's Anti-Coercion Instrument is being reconsidered in response to recent tensions over Greenland and former President Trump's tariff threats.
The European Parliament has paused its work on a trade agreement with the United States.
The European Parliament has paused its work on a trade agreement with the United States. This decision was made due to rising transatlantic tensions, specifically following President Donald Trump's remarks concerning Greenland. The pact was under negotiation between Washington and the 27-member EU.
January 2026 — 38 developments
German Chancellor Friedrich Merz stated that the EU will not yield to further US tariff threats and …
German Chancellor Friedrich Merz stated that the EU will not yield to further US tariff threats and is prepared to implement countermeasures if necessary, highlighting the unity of EU leaders.
The European Parliament is set to re-evaluate the suspended EU-US trade deal next week, following the 'Turnberry Agreement' which led to Donald Trump rescinding his tariff threats.
The European Parliament is set to re-evaluate the suspended EU-US trade deal next week, following the 'Turnberry Agreement' which led to Donald Trump rescinding his tariff threats.
The European Parliament has postponed its decision on resuming work on the EU-U.
The European Parliament has postponed its decision on resuming work on the EU-U.S. trade deal until February 4th.
The European Commission has proposed extending the suspension of a €93 billion retaliatory trade package against the U.
The European Commission has proposed extending the suspension of a €93 billion retaliatory trade package against the U.S. for an additional six months. This decision follows the U.S. removing its threat of new tariffs, allowing the EU to focus on implementing a joint trade statement.
European Union leaders concluded an emergency summit, claiming victory after President Trump backed away from his demands regarding Greenland and new tariffs.
European Union leaders concluded an emergency summit, claiming victory after President Trump backed away from his demands regarding Greenland and new tariffs. The EU is now moving forward with a U.S. trade deal and offering Greenland a significant investment package.
Former President Donald Trump backed down from his threats to impose tariffs on European countries a…
Former President Donald Trump backed down from his threats to impose tariffs on European countries as leverage to acquire Greenland, indicating a "framework deal" was in sight to end the dispute.
European Parliament President Roberta Metsola has pledged to finalize the EU's trade deal with the US swiftly after Donald Trump rescinded threatened levies.
European Parliament President Roberta Metsola has pledged to finalize the EU's trade deal with the US swiftly after Donald Trump rescinded threatened levies. Metsola indicated that the vote would come in the next few days.
European Parliament president Roberta Metsola stated that discussions on the trade agreement between the US and the EU can resume now that tensions over Greenland have eased.
European Parliament president Roberta Metsola stated that discussions on the trade agreement between the US and the EU can resume now that tensions over Greenland have eased.
U.S. Commerce Secretary Howard Lutnick reaffirmed the United States' commitment to implementing the …
U.S. Commerce Secretary Howard Lutnick reaffirmed the United States' commitment to implementing the U.S.-EU trade agreement following a meeting with European Commissioner for Trade Maros Sefcovic in Davos. Lutnick stated that despite recent 'noise and headlines,' the U.S. remains committed to the deal.
The European Parliament has blocked the US trade deal and halted negotiations due to President Trump's tariff threats and his push concerning Greenland.
The European Parliament has blocked the US trade deal and halted negotiations due to President Trump's tariff threats and his push concerning Greenland. The EU is retaliating against these tariffs, targeting approximately $28 billion in US goods, which may include meats and tools.
President Trump announced he would not proceed with plans to impose a 10% tariff on imports from the UK and seven EU members.
President Trump announced he would not proceed with plans to impose a 10% tariff on imports from the UK and seven EU members. He cited having reached the 'framework of a future deal' regarding Greenland and the Arctic.
President Trump called off his tariff threat against the EU, hours after the European Parliament suspended the trade deal ratification.
President Trump called off his tariff threat against the EU, hours after the European Parliament suspended the trade deal ratification. He cited a productive meeting with the NATO Secretary General and a framework for a future deal.
ECB President Christine Lagarde warned that renewed U.
ECB President Christine Lagarde warned that renewed U.S. tariff threats are bringing back trade uncertainty, which could delay investment and pressure Europe's economic outlook. She emphasized that the unpredictability itself is a concern.
European Commission President Ursula von der Leyen stated that the EU's response to President Trump's tariff threats would be "unflinching, united and proportional.
European Commission President Ursula von der Leyen stated that the EU's response to President Trump's tariff threats would be "unflinching, united and proportional."
The European Parliament has suspended the approval of a significant trade agreement with the United States due to tariff threats made by Donald Trump.
The European Parliament has suspended the approval of a significant trade agreement with the United States due to tariff threats made by Donald Trump. However, the Parliament's International Trade Committee has decided to resume work on the legislative proposals and will vote on them on February 24th, with a full parliamentary vote expected later.
Global stock markets experienced significant declines following President Trump's threats to impose new tariffs on eight NATO members over Greenland.
Global stock markets experienced significant declines following President Trump's threats to impose new tariffs on eight NATO members over Greenland. The S&P 500 fell 2.1%, its biggest drop since October, while European and Asian markets also recorded losses.
President Trump's latest tariff threats are reportedly aimed at eight European countries over the Greenland dispute.
President Trump's latest tariff threats are reportedly aimed at eight European countries over the Greenland dispute. The EU's potential anti-coercion instrument, which allows for sweeping trade sanctions, has been dubbed the 'trade bazooka'.
French President Emmanuel Macron issued strong warnings, stating that the EU could deploy 'one of it…
French President Emmanuel Macron issued strong warnings, stating that the EU could deploy 'one of its most powerful tools of retaliation' and that 'Europe will not become anyone's vassal' in response to Trump's tariff threats. These remarks were made as the World Economic Forum in Davos began.
European industry leaders have criticized Donald Trump's demands regarding Greenland and his threats…
European industry leaders have criticized Donald Trump's demands regarding Greenland and his threats of a trade war, with Germany's auto industry association calling for a coordinated and 'smart' response from Brussels.
The IMF upgraded its global economic growth forecast for 2026 but issued a warning on January 19 that an escalation in trade tensions between the US and Europe poses a major risk.
The IMF upgraded its global economic growth forecast for 2026 but issued a warning on January 19 that an escalation in trade tensions between the US and Europe poses a major risk. This concern stems from President Trump's threat of tariffs related to his bid for Greenland.
European ambassadors in Brussels have imposed a pre-planned package of €93 billion in retaliatory tariffs on US products.
European ambassadors in Brussels have imposed a pre-planned package of €93 billion in retaliatory tariffs on US products. This development comes as European stock markets experienced a downturn, and US President Trump connected his pursuit of Greenland to his omission from the Nobel Peace Prize.
German Chancellor Friedrich Merz stated that Europe aims to avoid escalation in the dispute over Trump's tariff threats.
German Chancellor Friedrich Merz stated that Europe aims to avoid escalation in the dispute over Trump's tariff threats. Additionally, Bernd Lange, chair of the European Parliament's Committee on International Trade, urged the European Commission to activate the EU's anti-coercion instrument.
The European Union has officially voted to suspend trade agreements with the US, a decision described as dismantling the transatlantic economic partnership.
The European Union has officially voted to suspend trade agreements with the US, a decision described as dismantling the transatlantic economic partnership. This action is in retaliation to Trump's tariff threats linked to the Greenland dispute.
The European Parliament has postponed a vote to ratify the EU-US trade deal due to Trump's tariff threats.
The European Parliament has postponed a vote to ratify the EU-US trade deal due to Trump's tariff threats. These proposed tariffs could impose up to €7.3 billion (US$8 billion) in additional costs on EU agri-food exports to the US.
The European Union has frozen ongoing trade negotiations with the United States for a new trade agreement that began last July.
The European Union has frozen ongoing trade negotiations with the United States for a new trade agreement that began last July. This action was taken by EU leaders in response to President Trump's tariff threats linked to his demand for Greenland.
French President Emmanuel Macron is advocating for the EU to activate its Anti-Coercion Instrument (ACI) in response to the US tariff threats.
French President Emmanuel Macron is advocating for the EU to activate its Anti-Coercion Instrument (ACI) in response to the US tariff threats. This instrument is being considered as a specific tool for retaliation.
The EU is now actively weighing retaliatory tariffs on American goods and considering serious economic sanctions in response to President Trump's tariff threats.
The EU is now actively weighing retaliatory tariffs on American goods and considering serious economic sanctions in response to President Trump's tariff threats. This includes discussions about a specific package of tariffs on billions of euros worth of US imports.
The eight European countries targeted by President Trump's tariffs are Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland.
The eight European countries targeted by President Trump's tariffs are Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland. Additionally, EU ambassadors have broadly agreed to intensify efforts to dissuade the US President from imposing these tariffs.
Eight European countries, including Denmark, issued a joint statement affirming their unity against President Trump's ultimatum regarding Greenland.
Eight European countries, including Denmark, issued a joint statement affirming their unity against President Trump's ultimatum regarding Greenland. Additionally, UK Prime Minister Keir Starmer and European Commission President Ursula von der Leyen made specific statements emphasizing their positions.
President Trump's new tariff threats against European nations, which prompted the EU to halt progres…
President Trump's new tariff threats against European nations, which prompted the EU to halt progress on a trade agreement, are specifically linked to his renewed efforts to gain control over Greenland and opposition from European allies. Trump reportedly threatened 10% tariffs, potentially rising to 25%, on countries opposing American control over Greenland or sending troops there.
European Council President Antonio Costa announced an extraordinary summit of EU leaders to discuss the bloc's response to President Trump's tariff threats.
European Council President Antonio Costa announced an extraordinary summit of EU leaders to discuss the bloc's response to President Trump's tariff threats. The summit is likely to be held in person on Thursday.
The EU is considering activating its Anti-Coercion Instrument (ACI) and preparing potential retaliatory measures worth €93 billion ($108 billion) against the US.
The EU is considering activating its Anti-Coercion Instrument (ACI) and preparing potential retaliatory measures worth €93 billion ($108 billion) against the US. These actions come in response to President Trump's new tariff threats.
The European Parliament has officially halted progress on the EU-US trade agreement in response to President Trump's new tariff threats.
The European Parliament has officially halted progress on the EU-US trade agreement in response to President Trump's new tariff threats. The EU is also weighing specific retaliatory measures, including tariffs on American goods and potential economic sanctions against the US.
Ambassadors from the European Union's 27 countries were summoned for an emergency meeting to discuss…
Ambassadors from the European Union's 27 countries were summoned for an emergency meeting to discuss their response to President Trump's threat of increasing tariffs on European allies.
President Trump officially announced that a 10 percent import tax would be imposed starting February 1 on goods from eight European nations opposing American control of Greenland.
President Trump officially announced that a 10 percent import tax would be imposed starting February 1 on goods from eight European nations opposing American control of Greenland. The tariff rate is set to increase to 25 percent later.
French President Emmanuel Macron and European Commission President Ursula von der Leyen condemned Pr…
French President Emmanuel Macron and European Commission President Ursula von der Leyen condemned President Trump's tariff threats, with Macron stating that no intimidation would influence them. Finland also expressed significant concern over the tariffs' implications for trade and transatlantic relations.
Major political groups in the European Parliament, including the European People's Party (EPP) and t…
Major political groups in the European Parliament, including the European People's Party (EPP) and the Socialists and Democrats (S&D), declare they will halt the legal ratification process of the EU-US trade deal in response to Trump's latest tariff threats.
President Donald Trump announces new 10% tariffs on eight European countries, including several EU m…
President Donald Trump announces new 10% tariffs on eight European countries, including several EU members, effective February 1, 2026, escalating to 25% from June 1, 2026, citing their troop deployments to Greenland.
December 2025 — 1 developments
The US implements its commitment to fix its maximum tariff at 15% after the EU issues its proposed r…
The US implements its commitment to fix its maximum tariff at 15% after the EU issues its proposed regulation to eliminate US duties, though the EU's legislative process for the deal is still ongoing and requires European Parliament approval.
August 2025 — 1 developments
A Joint Statement on a United States-European Union Framework on an Agreement on Reciprocal, Fair, a…
A Joint Statement on a United States-European Union Framework on an Agreement on Reciprocal, Fair, and Balanced Trade is published, detailing the agreement for the EU to eliminate tariffs on US industrial goods and the US to apply a 15% tariff on most EU imports.
July 2025 — 1 developments
European Commission President Ursula von der Leyen and US President Donald J.
European Commission President Ursula von der Leyen and US President Donald J. Trump agree on a deal on tariffs and trade in Turnberry, Scotland, aiming to restore stability to transatlantic trade relations.
April 2025 — 3 developments
The European Union has approved new trade countermeasures targeting approximately €18 billion of U.
The European Union has approved new trade countermeasures targeting approximately €18 billion of U.S.-origin products. These measures are a direct response to tariffs imposed by the Trump II administration on steel and aluminum imports. The new countermeasures are in addition to those already in place from 2018 and 2020.
The EU has suspended its retaliatory 25% tariffs on US goods for 90 days to give negotiations a chance, following a shift from Donald Trump in his trade war.
The EU has suspended its retaliatory 25% tariffs on US goods for 90 days to give negotiations a chance, following a shift from Donald Trump in his trade war. European Commission President Ursula von der Leyen announced the temporary pause on countermeasures, stating they would be reinstated if talks are unsatisfactory. The EU also has a 'strong plan' to respond to US tariffs and European leaders are coordinating responses to new tariff escalations.
President Donald Trump announces 'Liberation Day' tariffs, a broad package of import duties, marking an escalation of his trade policy in his second term.
President Donald Trump announces 'Liberation Day' tariffs, a broad package of import duties, marking an escalation of his trade policy in his second term.