Monday

25th Sep 2023

EU might postpone sanctions against US

The US has circulated a memorandum among all European Union member states suggesting that the EU would postpone its planned mid-June retaliation against US protective steel import tariffs.

According to the Financial Times, EU is believed not to have answered to the US suggestion, however it is also said that Brussels might consider it, but only on certain conditions. If the Commission decides to discuss the extension, the US has to be ready for different concessions, like lowering duties on other products.

Read and decide

Join EUobserver today

Become an expert on Europe

Get instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

Last week director- general of the EU Commission's trade directorate, Peter Carl, was asked whether the extensions on the US sanctions could be possible, but he refused to comment on it. His refusal to respond was seen as a sign that the EU might consider the discussion with US, reports the Financial Times.

US President George W. Bush and EU leaders are going to meet in Washington on May 2, where the Europeans are expected to press for the concessions. Last week the EU trade commissioner Pascal Lamy said that the EU public opinion was for an action against US, but also stressed that early retaliation might amplify the conflict.

EU public demands retaliation against US

Political, public and media pressure is growing in the European Union to retaliate against US protective steel import tariffs. According to the Financial Times, the EU has warned that striking back is crucial as otherwise it will weaken the public support for open trade.

US threatens EU with retaliation

The US has warned that it might retaliate if the EU decides to go ahead with its planned mid-June retaliation against US protective steel import tariffs. The EU is considering 100 per cent tariffs on different US goods, like rice, citrus fruit and clothing, if Washington refuses to compensate EU losses on the steel conflict.

Agenda

China trade tension and migration deal This WEEK

An EU-China high-level economic is scheduled on Monday amid renewed tensions. Later this week, EU home affairs ministers will discuss the EU-Tunisia deal and the state of play of the EU pact on asylum and migration.

Latest News

  1. EU trade chief in Beijing warns China of only 'two paths' forward
  2. Why should taxpayers pay for private fishing fleets in third countries?
  3. Women at risk from shoddy EU laws on domestic workers
  4. EU poised to agree on weakened emission rules
  5. China trade tension and migration deal This WEEK
  6. Europe's energy strategy: A tale of competing priorities
  7. Why Greek state workers are protesting new labour law
  8. Gloves off, as Polish ruling party fights for power

Stakeholders' Highlights

  1. International Medical Devices Regulators Forum (IMDRF)Join regulators, industry & healthcare experts at the 24th IMDRF session, September 25-26, Berlin. Register by 20 Sept to join in person or online.
  2. UNOPSUNOPS begins works under EU-funded project to repair schools in Ukraine
  3. Georgia Ministry of Foreign AffairsGeorgia effectively prevents sanctions evasion against Russia – confirm EU, UK, USA
  4. International Medical Devices Regulators Forum (IMDRF)Join regulators & industry experts at the 24th IMDRF session- Berlin September 25-26. Register early for discounted hotel rates
  5. Nordic Council of MinistersGlobal interest in the new Nordic Nutrition Recommendations – here are the speakers for the launch
  6. Nordic Council of Ministers20 June: Launch of the new Nordic Nutrition Recommendations

Join EUobserver

Support quality EU news

Join us