On the 5th, European Commission spokesperson Gill stated that the EU has decided to suspend the countermeasures against US tariffs that were originally set to come into effect on August 7.
Gill said that the EU is in contact with the United States to implement the trade agreement reached by both sides last month. In view of this, the European Commission has completed the necessary legal procedures to suspend the countermeasures against US tariffs that were set to come into effect on August 7.
However, a senior EU official pointed out that the EU still reserves the option to resume the countermeasures.
In recent days, several EU member states have expressed dissatisfaction with the recent trade agreement reached between Europe and the United States, believing that the EU has appeared too weak and should be tougher. There are also many aspects of the agreement between the two sides that still need clarification. It is reported that both sides are currently working to refine the framework agreement that has been reached.
Previously, the EU had approved a list of countermeasures against US goods, which included imposing tariffs on a range of American products such as soybeans, aircraft, cars, and whiskey, in case negotiations with the United States failed.