EU formally suspends countermeasures to US tariffs for six months

The European Union will suspend its two packages of countermeasures to US tariffs for six months following the deal made with US president Donald Trump, a Commission spokesperson said confirmed on Monday.

The EU-US agreement leaves many questions open, including tariff rates on spirits like Irish whiskey, and Mr Trump's executive order last week setting tariffs on most EU goods at 15% did not include carve-outs such as for cars and car parts.

EU officials have said they expect more executive orders to follow soon.

"The EU continues to work with the US to finalise a Joint Statement, as agreed on 27 July," the spokesperson said in a statement.

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