EU formally suspends countermeasures to US tariffs for six months

The European Union will suspend its two packages of countermeasures to US tariffs for six months following the deal made with US president Donald Trump, a Commission spokesperson said confirmed on Monday. Photo: iStock

The European Union will suspend its two packages of countermeasures to US tariffs for six months following the deal made with US president Donald Trump, a Commission spokesperson said confirmed on Monday.

The EU-US agreement leaves many questions open, including tariff rates on spirits like Irish whiskey, and Mr Trump's executive order last week setting tariffs on most EU goods at 15% did not include carve-outs such as for cars and car parts.