- The European Commission announced countermeasures on imports into the EU originating from the US in response to new 25 percent tariffs on imports of EU steel, aluminum, and certain products containing steel and aluminum into the US.
- The Commission will allow the suspension of existing 2018 and 2020 countermeasures against the US to lapse on April 1, 2025.
- The Commission is proposing a package of new countermeasures on US exports to come into force by mid-April.
- The Commission has released a memo explaining the countermeasures in more detail.
Source: taxathand.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
