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EU to put on hold EUR93 billion US retaliatory tariff package for six months

By Oscar Pandiello ( August 4, 2025, 14:39 GMT | Insight) -- The EU will suspend its 93 billion-euro tariff package against the US for six months following the July 27 trade deal, the European Commission said today. Talks are ongoing to finalize a joint statement, with carve-outs for sectors such as wines and spirits and a tariff rate quota for EU steel exports still under discussion.The EU will put on hold its 93 billion-euro ($109 billion) package of retaliatory tariffs against the US, the European Commission said today....

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