Article Summary
The European Union could postpone the implementation of counter-measures against the United States in response to President Donald Trump’s steel and aluminum tariffs until mid-April. This delay is due to ongoing discussions between the EU and the U.S., as reported by European Trade Commissioner Maros Sefcovic.
What This Means for You
- Businesses importing steel and aluminum from the U.S. may have a short reprieve before EU counter-measures take effect.
- Consider exploring alternative suppliers or materials to mitigate potential future tariffs and disruptions in the supply chain.
- Stay updated on EU-U.S. trade negotiations, as any resolution could affect your import/export strategies.
- Be prepared for potential price fluctuations in the steel and aluminum market due to ongoing trade tensions.
Original Post
The European Union could delay imposition of a first set of counter-measures against the United States over President Donald Trump’s steel and aluminum tariffs until mid-April, European Trade Commissioner Maros Sefcovic said Thursday.
Key Terms
- EU-U.S. trade tensions
- Steel tariffs
- Aluminum tariffs
- Maros Sefcovic
- Counter-measures
ORIGINAL SOURCE:
Source link
