- March 12, 2025: The US imposed tariffs up to 25 percent on steel, aluminum, and certain products from the EU, affecting over 26 billion euros in exports.
- April 1, 2025: The EU launched countermeasures to protect European businesses and consumers.
- The EU reinstated balancing measures from 2018 and 2020 and planned additional measures on US products worth 93 billion euros if no agreement is reached.
- July 27, 2025: An agreement was reached between Brussels and Washington for 15 percent tariffs on European imports to the US, with exemptions for key sectors.
- France views this as a temporary solution.
- August 5, 2025: The EU suspended its countermeasures due to the trade agreement but may reactivate them if relations with the US worsen.
Source: easytax.co
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.
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