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suspension of retaliation duties on goods from the USA


The EC has taken the necessary legislative steps today to suspend the implementation of EU remedies that were to apply from August 7 ” The spokesman for the commission, Olof Gill. He added that this decision should be published on Tuesday in the EU Official Journal. Then, within two weeks, it is approved by Member States by an ordinary majority.

Customs suspension is an element of a broader agreement concluded on July 27 in Scotland, under which the United States is to cover most of the goods exported with the EU with a uniform 15 % customs rate. Trump signed the relevant regulation on July 31. According to the interpretation of the European Commission, the new customs rate is to enter into force on August 8, although the US administration indicates the date of August 7.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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