The European Union delays retaliation rates for 6 months after reaching an agreement with the United States

The European Union delays retaliation rates for 6 months after reaching an agreement with the United States

By Emma Nicholson

/ News themezone

The White House remains firm in rates rates

The European Union delays retaliation rates for 6 months after reaching an agreement with the United States

The White House remains firm in the rates of rates that are coming on August 7 deadline 03:59

The European Union announced Monday that it would delay retaliation tariffs on US assets for six months, giving time to both countries to Implement the commercial agreement They arrived at the end of last month.

He retaliation tariffswhich had been in force on Thursday, will be delayed until at least March.

On July 27, Ursula von der Leyen, president of the European Commission and President Trump, agreed an agreement that included a 15% tariff on most EU assets. Although the agreement currently does not include exemptions for car parts or Wine and liquors That the EU wants, it is likely to help stabilize prices.

“This political agreement restores the stability and predictability of citizens and companies on both sides of the Atlantic,” said the spokesman for the European Trade Olof Gill Commission in a statement to News themezone.

The commission said it is working with the USA. UU. To end a statement on the agreement.

“With these objectives in mind, the commission will take the necessary measures to suspend the 6 months of the EU countermeasures against the United States, which should go into force on August 7,” said the spokesman.

The pause in the retaliation rates will enter into force on Tuesday.

News themezone has communicated with the White House to comment.

  • Duty
  • Trump administration
  • European Union

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