GenZ News

Article View

EU delays retaliatory trade tariffs against US

228d ago
Business
BBC Business
EU delays retaliatory trade tariffs against US
The European Union has postponed the implementation of retaliatory trade tariffs against the United States. Originally scheduled to take effect on Tuesday, the countermeasures have now been delayed until early August. The reason for the delay was not immediately specified, but it gives both sides more time to negotiate or find a solution to the trade dispute. This decision aims to de-escalate tensions and potentially avoid a full-blown trade war.
Source