Insights

On July 24, the European Commission announced the imposition of new EU countermeasures in response to U.S. tariffs further to an agreement reached among EU Member States. These measures are adopted through Commission Implementing Regulation (EU) 2025/1564 and take the form of additional customs duties on U.S. products as well as export restrictions for certain EU products. In total, these measures concern about EUR 93 billion ($109 billion) worth of customs duties, the highest volume of bilateral trade caught by the EU so far. The EU countermeasures are set to enter into force as of August 7.

Since taking office earlier this year, the Trump administration has reignited tariff disputes between the European Union and the United States. The US has reimposed US Section 232 measures on steel and aluminum, extended the scope of these measures, and, on April 2nd, imposed IEEPA tariffs on EU products under the International Emergency Economic Powers Act. These IEEPA tariffs were then reduced to 10% until July 9th.

On 8 May 2025, the European Commission published new lists of products potentially subject to EU rebalancing measures in retaliation to U.S. tariffs. The proposed measures would apply if EU-U.S. trade negotiations fail. They are designed to stand alongside previously adopted EU countermeasures, which are currently suspended until 14 July 2025.

Please join us for a discussion to explore key issues in the business community as the war in Ukraine continues to reverberate through the global supply chain.

In Collaboration with ACC Europe International trade and customs rules bring both risks and opportunities in their wake. In order to properly serve their company, in-house counsel must be fully informed about supply chain compliance. In this webinar, experienced Crowell & Moring partner, Vassilis Akritidis and the Brussels Trade Team, will highlight the key points to remember and discuss in more detail the following topics: 

International trade and customs rules bring both risks and opportunities in their wake. In order to properly serve their company, in-house counsel must be fully informed about supply chain compliance. In this webinar, experienced Crowell & Moring partner, Vassilis Akritidis and the Brussels Trade Team, will highlight the key points to remember and discuss in more detail the following topics: