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EU tariffs against US can only be suspended for six months at most, official says

By Joanna Sopinska ( May 25, 2021, 16:35 GMT | Insight) -- A hefty EU tariff hike against US imports, suspended as the two sides try to reset trade relations under President Joe Biden, will have to come into force at the latest six months after the suspension if no solution to the underlying dispute is found, the European Commission's Matthias Jorgensen has said. The commission is also considering prolonging its global steel "safeguard" measure, imposed in 2018 in response to US tariffs.A hefty EU tariff hike against US imports, suspended as the two sides try to reset trade relations under President Joe Biden, will have to come into force at the latest six months after the suspension if no solution to the underlying dispute is found, an official has said....

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