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EU tariffs on US goods suspended until July 14

EU tariffs on US goods suspended until July 14

The European Union has officially suspended its retaliatory tariffs on US goods, valued at €21 billion, until July 14, 2025. This move is intended to provide a window for negotiations with the United States following recent escalations in trade tensions.

On April 2, 2025, the US, under former President Trump, imposed a 20% tariff on EU goods as part of broader trade measures.

Just a week later, the US suspended these tariffs for 90 days to allow for negotiations.

In response, the EU decided to pause its own countermeasures, which targeted US exports such as steel, aluminium, and automobiles. However, the original US tariffs on these sectors remain in effect.

Legal and Political Developments

The EU’s suspension of tariffs took legal effect on Tuesday, April 15, 2025.

The European Commission adopted two acts: one to impose the countermeasures and another to immediately suspend them until July 14.

EU Trade Commissioner Maroš Šefčovič is currently in Washington for talks, aiming to reach an agreement before the 90-day suspension period ends.

Statements and Outlook

The European Commission has described the US tariffs as “unjustified and damaging,” warning of potential economic harm to both sides and the global economy.

The EU has made it clear it prefers a negotiated solution over retaliation but is preparing further responses should talks fail.

What happens after July 14 will depend on the outcome of ongoing negotiations. If no agreement is reached, the EU may reinstate or escalate its countermeasures.

Current Status of Tariffs

Tariff Type Status (as of April 15, 2025)
US tariffs on EU goods 20% rate imposed April 2, paused for 90 days (until early July)
EU retaliatory tariffs Suspended until July 14, 2025
US tariffs on steel, aluminium, autos Still in effect
EU countermeasures on steel, aluminium, autos Suspended
Next Steps

Negotiations between the EU and US are ongoing, with the hope of reaching a resolution before the July 14 deadline.

If talks fail, both sides may reimpose or escalate tariffs, potentially intensifying the trade dispute.

“The EU considers US tariffs unjustified and damaging, risking economic harm to both sides, as well as the global economy,” the European Commission stated

The suspension of EU tariffs on US goods until July 14 is a temporary measure to facilitate negotiations, with the future of these tariffs hinging on the outcome of current diplomatic efforts.