The European Commission has emphasized its anticipation that the United States will fully comply with the tariff agreement established last July, which limits US tariffs on a range of EU product imports to 15%. A spokesperson mentioned that there have been no indications from the US administration suggesting a deviation from these commitments. However, they also noted that the Commission would respond strictly and proportionately to any violations of this agreement.

Furthermore, the US government has announced investigations into alleged excess production capacities in certain sectors, which may lead to new tariffs. Although the EU recognizes and shares the concerns of Washington regarding structural excess production capacities in the global economy, the spokesperson clarified that the sources of such overcapacities are well identified and are not found within Europe. They reiterated that the EU operates under a market-regulated economy characterized by open markets and transparency.

This development is significant as it highlights the ongoing trade tensions between the EU and the US, particularly regarding tariffs and trade practices. As both parties navigate these complex issues, it remains to be seen whether the US will uphold its commitments or implement new measures that could further strain transatlantic relations.