The article outlines the recent decision of a U.S. court to cancel the tariffs imposed by former President Trump, which will significantly impact Greek exports to the United States. Alkiviadis Kalabokis, president of the Panhellenic Export Association, notes that while the situation remains dynamic and requires continuous monitoring, the criteria for classifying goods already in transit have not been clarified. He emphasizes that there are conflicting reports regarding tariff rates; although there is talk of increasing the rate to 15%, the published annex currently indicates 10%, which could result in confusion in customs applications and regulations.

Kalabokis explains that clarity in the tariff rates is crucial, as exporters await definitive legal actions to understand how these adjustments will affect their shipments. He also mentions the concern regarding the return of funds collected from the illegal tariffs that were previously imposed. With the ongoing uncertainty, Greek exporters are facing challenges that complicate trade with the U.S., which is an essential market for their goods. Further official announcements and updates are necessary to restore order and predictability in the export sector.

The change in tariffs could have broader implications beyond trade numbers, as it could affect the overall economic relationship between Greece and the U.S. exporters may need to recalibrate their strategies to adapt to the new framework, and the Greek government may need to engage diplomatically to ensure favorable terms for its export activities. These developments will require close attention from businesses and policymakers alike to navigate the evolving trade landscape effectively.