European Union Delays Counter-Tariffs on U.S. Exports
The art of the deal:
The European Union will delay tariffs on U.S. exports into the trading bloc in response to the imposition of tariffs on European aluminum and steel, a measure announced in February by the White House as part of an overhaul of the U.S. trade policies. The EU had been planning to levy two tranches of tariffs starting April 1 on a range of U.S. goods that includes agricultural products and clothing items but announced Thursday that the countermeasures will be taking effect beginning in mid-April (Hill).
Fox Business: After the EU first announced its countermeasures, Trump responded by threatening a 200% tariff on wine and other alcohol products from its European counterparts if the union were to proceed with its retaliatory tariffs (Fox Business).
Source: https://gellerreport.com/2025/03/european-union-delays-counter-tariffs-on-u-s-exports.html/
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