There is hope in the customs dispute between the EU and the USA

Update on the Harley-Davidson punitive tariffs

The New York news company Bloomberg reported that punitive tariffs could be suspended for 6 months on Monday in order to initiate solution-oriented negotiations.

According to Bloomberg, the US government will announce on Monday that it has reached a truce in the dispute with the European Union over metals tariffs, with iconic products such as US bourbon whiskey spared from a doubling of EU tariffs next month . Harley-Davidson is not explicitly mentioned, but we can assume that it will be about the entire construct.

The resolution is scheduled to come into force on Monday, but this report has not yet been verified.

At issue is a high-profile dispute that began in 2018 under former President Donald Trump in which the U.S. imposed tariffs on steel and aluminum from Europe, Asia and other countries because of risks to U.S. national security. The EU has since retaliated, doubling tariffs to 50% on a list of American products on June 1, 2021.

As part of the deal with the Biden administration, the EU will refrain from increasing these tariffs and both sides will hold a dialogue on steel overcapacity, according to the people familiar with it.
The European Union had previously proposed suspending all tariffs on each other's products for six months while negotiations continued on a long-term solution.

Negotiators on both sides of the Atlantic are working to finally eliminate the tariffs, but are not ready to do so yet.

President Joe Biden will attend a U.S.-EU summit in Brussels next month during his first foreign trip as head of state.

Nevertheless, we should continue to push the petition against the planned Harley-Davidson punitive tariffs!

External web link to the petition