The European Union has postponed its retaliatory tariffs against U.S. steel and aluminum duties until mid-April, according to a European Commission spokesperson. Originally set to lift a suspension of tariffs on April 1, the EU will now align the timing of its actions to allow for further discussions with the U.S. administration. The delayed tariffs could affect U.S. exports worth around 26 billion euros, mirroring the economic impact of the U.S. tariffs. The EU aims to balance the interests of its producers and consumers while responding effectively to U.S. measures.

Source: https://www.supplychaindive.com/news/european-union-delays-tariffs-us-trump/743073/