EU May Delay Initial US Tariff Response to Mid-April

, MT Newswires -  8:03 AM ET 3/20/2025 Company News

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08:03 AM EDT, 03/20/2025 (MT Newswires) -- The European Union could delay implementing an initial set of planned counter-tariffs on US goods through mid-April, European Trade Commissioner Maros Sefcovic said Thursday.

The bloc had reportedly proposed re-imposing tariffs on some 4.5 billion euros ($4.88 billion) of US products April 1, followed by another 18 billion euros of goods April 13.

"In the light of the recent announcement that the US is planning to introduce additional tariffs on 2 April, we are now considering to align the timing of the two sets of EU countermeasures, so we can consult with member states on both lists simultaneously," Sefcovic said. "It also gives us extra time for negotiations to try to find a mutually agreeable resolution."

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