On 5 August 2025, the European Commission adopted Implementing Regulation (EU) 2025/1727, suspending the commercial rebalancing measures imposed under Implementing Regulation (EU) 2025/1564. The suspension follows the political agreement reached between the EU and the US on 27 July 2025 (see our prior blog post on the EU â US Trade Deal here) and signals the EUâs intent to continue the negotiations constructively. On 24 July 2025, the EU published Implementing Regulation (EU) No. 2025/1564…
On 27 July 2025, President Trump and European Commission President Ursula von der Leyen announced a new deal on tariffs and trade between the United States and the European Union. The agreement aims to stabilize EU – U.S. trade relations and prevent a broader tariff escalation. Early reporting on and statements about the new agreement indicates that a single tariff rate of 15% will apply to most imports into the United States as well as…
On 15 May 2025, the Court of Justice of the European Union (“CJEU”) has delivered a judgment in the ‘Tauritus’ case, offering crucial guidance on how to determine the customs value of imported products when their final price is not fixed at the time of importation but is subject to a provisional pricing arrangement. The ruling provides important considerations and clarification for businesses engaged in transactions with such pricing mechanisms. The judgement can be found via…
On 7 May 2025, the EU and Singapore took a step forward by signing a landmark Digital Trade Agreement (âDTAâ). The DTA is a self-standing agreement â meaning it is separate to the EU-Singapore Free Trade Agreement and the EU-Singapore Investment Protection Agreement. This comprehensive agreement goes beyond traditional trade deals, focusing specifically on facilitating digital trade and addressing emerging challenges in the digital economy. Upon implementation, the DTA should bolster consumer confidence, guarantee reliable data…
On 30 April 2025, the European Court of Justice (âCJEUâ) issued a judgment on the concept of repayment granted âin errorâ as laid down in Article 116(7) of the Union Customs Code (âUCCâ). This article (116 (7) of the UCC) provides that if customs authorities have granted repayment or remission in error, the original customs debt shall be re-instated (insofar not time-barred). The CJEU ruled that the concept of repayment granted in âerrorâ should be…
On 6 May 2025, the United Kingdom (UK) and Indian Governments agreed a new âlandmarkâ free trade agreement (âFTAâ) to increase long-term bilateral trade by ÂŁ25.5 billion each year and drive economic growth in both countries. The UK Government believes the FTA will result in a ÂŁ4.8 billion increase in UK GDP and a ÂŁ2.2 billion increase in UK long-term year-on-year wages. The legal text of the agreement and regulatory details must first be finalised,…
Yesterday, following the adoption of Commission implementing Regulation (EU) 2025/664, the European Commission has extended the ongoing suspension of retaliatory tariffs until 14 April 2025. These tariffs were initially adopted in 2018 (Commission Implementing Regulation (EU) 2018/886) and 2020 (Implementing regulation – 2020/502 – EN – EUR-Lex) and were supposed to reapply and come into effect tomorrow. This decision was already announced by the EU trade commissioner during a hearing at the European Parliament on…
There is never a dull moment in the ongoing trade war. With effect of 12 March 2025, the US reinstated the June 2018 Section 232 tariffs on steel and aluminum products at a rate of 25% and extended these tariffs to a larger scope of steel and aluminum products (see our prior blog post on the US Section 232 tariffs here). On 12 March 2025, the EU announced countermeasures which shall protect European businesses and…
As reported in our earlier blog here, on Monday 10 February 2025, President Trump announced that 25% tariffs will be imposed on all steel and aluminum products imported into the United States (âUSâ), including from the EU and the UK which were previously subject to exclusions. These tariffs are due to come into effect on 12 March 2025. The key question now is how other jurisdictions such as the EU and the UK will retaliate. …
On 12 December, the EU Forced Labour Regulation (âRegulationâ) was published in the EU Official Journal. The publication is following the EU Councilâs approval of the Regulation on 19 November 2024. The text of the Regulation was approved by qualified majority with 25 EU Member States voting in favour and 2 EU Member States abstaining from voting. The Regulation was signed by the President of the European Parliament and the President of the EU Council…