EU extends suspension of trade countermeasures against US under Turnberry deal
( July 31, 2026, 13:15 GMT | Official Statement) -- MLex Summary: The European Commission has extended the suspension of its 93 billion-euro ($109 billion) tariff package against the US, to continue implementing the Turnberry trade agreement. The commission said the extension reflects progress made since the July 2025 political agreement, including US tariff relief for EU exports and the EU's own tariff reductions on selected US goods, adopted in June. It will continue reviewing the suspension and could reinstate the measures if necessary to defend the bloc's interests, while maintaining that the underlying US safeguard measures remain incompatible with WTO rules.The statement is attached....
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