«The EU notes the publication by the US of the corrective measures adopted as part of the Section 301 investigation. The EU positively assesses that they are in line with the US tariff commitments agreed under the joint statement. The EU has already fulfilled its part of the agreement» and «looking ahead, expects the United States to continue to respect the terms of the EU-US joint statement, including with regard to any corrective measures under further Section 301 investigations». This was underlined by an EU Commission spokesperson.
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The new US measures – the spokesperson recalls – «establish a global tariff rate of 10% for the EU and reintroduce additional tariff exemptions for the EU, such as those related to cork and diamonds, which are in addition to those already in force for aircraft and components, generic medicines and active ingredients». The fact that they are in line with the Turnberry declaration «also provides positive momentum to continue work aimed at exploring further tariff exemptions and deepening cooperation in a wide range of sectors, including critical natural resources, economic security, artificial intelligence and digital issues, to name just a few», the spokesperson further explains, adding that compliance with commitments «is essential to continue to ensure the much-needed stability and predictability for our respective markets. We will continue to engage with the US administration to ensure that the United States fully respects its commitments».
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Australia: unjustified US tariffs, must be removed
The Australian Trade Minister stated that the new tariffs imposed by the US ally are «unjustified: these tariffs are unjustified, incompatible with our free trade agreement and must be removed», said Minister Don Farrell, after Australia was added to Washington’s list of trade partners subject to tariffs ranging from 10 to 12.5 percent.
New Zealand: disappointing US tariffs, no significant evidence of forced labor
New Zealand Prime Minister Christopher Luxon called the new US tariffs «extremely disappointing», after he and some 60 others were hit by tariffs imposed by the United States. The US investigation, launched to determine whether US trading partners had completely eliminated products made with forced labor from their supply chains, «did not provide significant evidence to support the allegations of forced labor», Luxon said.
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