EU retaliation tariffs have been delayed until mid -April

The European Union (EU) postponed the introduction of its first tariffs to the USA by mid -April, after President Donald Trump According to Reuters, aluminum was threatened by 25% of the whole import of steel.

The US countermeashed measures amounted to about $ 28 billion, including 50% of the US whiskey tariff, was originally set on April 1 and the second wave hit on April 13.

However, the EU decided to detain all tariffs for retaliation by mid -April on Thursday, Reuters reports.

The section states that the delay will give the EU more time to negotiate with the US and consider the products that provide for a new tax.

EU retaliations from tariffs on Trump, focusing

Jameson and Pauers Wiski on the shelf in the supermarket in Goloi, Ireland, January 4, 2022. (CLODAGH KILCOYNE / Photo File / Reuters)

“We are now considering the opportunity to agree on the timing of two Counter-Mer sets so that we can consult Member States at the same time, and it will also give us extra time for negotiations with our American partners,”- Commissioner of European trade According to Reuters, Maros Sefcovic said he was hearing at the European Parliament on Thursday.

Increase in 25% Trump tariffs on all steel, aluminum imports come into force, which causes revenge from Europe

President Donald Trump has announced that the US could impose a 200% tariff for European alcohol in response to the EU by announcing its retaliation tariffs. (Left: Win McNamee/Getty Images; Correct: Thierry Monase/Getty Images/Getty Images)

Once the EU first announced its countermeashed, Trump responded by threatening 200% tariff on the wine And other alcoholic products from its European counterparts when the union continues its retaliation tariffs.

“If this tariff is not deleted at once, the US will soon post 200% of the tariff for all the guilt, champagne and alcoholic products that come out of France and other EU countries. It will be great for wine and champagne businesses in the US,” Trump said in a social truth.

Trump threatens 200% tariff for French wine, other EU alcoholic products

EU flags come to the headquarters of the European Central Bank (ECB) headquarters in Frankfurt, Germany, July 18, 2024. The EU has decided to detain its retaliation tariffs against the US (Jana Rodenbusch / File Photo / Reuters)

According to Reuters, Prime Minister Michel Martin from Ireland, the chief exporter of whiskey, said the delay of counter -measure measures would be reasonable and would allow Europe “reasonably and strategically respond”.

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SEFCOVIC noted that the de -escalation was made by little progress The global trade warreports the exit.

“I don’t think US thinking in this direction,” Sefkovich said of the proposals for lowering the import duty. “And now they believe that the best way to do is through tariff policy. I hope we will get to this discussion once, but now we are clearly gone.”

Fox Business’ Daniella Genovese and Reuters contributed to this report.