The EU has suspended the applying of deliberate particular tariffs on US merchandise within the commerce battle with Washington till July 14.
The EU revealed a discover within the EU Official Journal, implementing an announcement by European Commission President Ursula von der Leyen.
Von der Leyen introduced final week that the measure, which was earlier deliberate for mid-April, could be suspended for round three months.
The postponement is a response to the actions of US President Donald Trump, who, after main turbulence on the inventory and monetary markets, had unexpectedly determined to grant many international locations a 90-day break from sure tariffs. This respiration area is now for use for negotiations.
European Commissioner for Trade Maroš Šefčovič is at the moment within the US “to sound out the ground for a negotiated solution at meetings with his US colleagues,” the European Commission introduced.
Should the talks not be passable, the EU will take countermeasures.
Source: www.anews.com.tr