Brussels announced today (5.8.25) that they are suspending countermeasures on Donald Trump’s customs duties due to trade agreement that was concluded between the United States and the European Union (EU).
During the last few months, the Commission had prepared a list of US products that would impose duties if the US and the EU did not reach a trade agreement.
This list included goods worth 93 billion euros: soybeans, airplanes, cars etc ..
After months of very difficult negotiations, Brussels and Washington sealed in late July a 15% -based customs deal based on European products arriving in the United States.
“The Commission has begun the legal process necessary today to suspend the implementation of our European countermeasures,” EIF Gil’s European Commission spokesman said today.
The European Commission, however, did not rule out the possibility of reinstating these response measures in the event of a commercial BRA-de-Fa-Ferry with the Trump government.
“We put (these measures) in the fridge, but we can always get them out again,” explained a European official who asked not to be named.