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  • 7 hours ago
EU set to bow to fresh US tariffs after current regime lapses

Despite considering the new duties "unjustified," the Commission said its priority was to ensure tariffs on EU goods remain below the 15% cap agreed under the EU-US trade deal in July 2025.

READ MORE : http://www.euronews.com/2026/07/22/eu-set-to-bow-to-fresh-us-tariffs-after-current-regime-lapses

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Transcript
00:01The European Union is preparing to accept new tariffs the United States is expected to impose in the coming days
00:09over forced labor, according to the European Commission.
00:13Despite considering the new duties unjustified, the Commission said its priority was to ensure tariffs on EU goods remain below
00:22the 15% cap agreed under the EU-US trade deal in July 2025.
00:27Meanwhile, the White House justified its actions by arguing that insufficient efforts to curb trade in goods produced using forced
00:37labor were harming U.S. commercial interests.
00:40The current U.S. tariff regime expires on Friday, and one U.S. trade official said on Tuesday that implementation
00:47of the forced labor duties was imminent.
00:50As part of its efforts to replace the current regime, the U.S. trade department launched an investigation into forced
00:57labor in global supply chains, which is due to be concluded in the coming days.
01:02In early June, the Commission defended its regulations, saying it had strict rules against products made with forced labor.
01:10The Trump administration imposed 10% duties on its global trading partners last February after a U.S. Supreme Court
01:18ruling declared its 2025 tariffs illegal.
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