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Tag Archives: tariffs

New electricity tariffs without adjustment clause to be announced

Energy suppliers in Greece will have been announced new electricity tariffs by next Sunday, July 10, media report. The new tariffs will not include the adjustment clause and will be effective as of August, 1, 2022 The government aspires with the combination of measures implemented in the wholesale and retail …

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Greek olive oil, wines, other products exempted from US tariffs imposed on EU

Greek olive oil, olive products, cheese, wines and related export products remain exempted from the US tariffs on European Union products. Apart from these products, plum juice was excluded from the list of duties. On February 15, the US Department of Commerce renewed Greece’s exemption from US tariffs on the …

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Greek dairy, agricultural exports hit by new US tariffs

The World Trade Organization decision to allow US President Donald Trump to impose additional tariffs on European exports worth € 7.5 billion directly damage the Greek exports to the United States. The new tariffs are to take effect on October 18, 2019, and affect a wide range of Greek products …

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Trump threatens Turkey with new sanctions as feud escalates

Relations between US and Turkey took a further turn for the worse, as Washington warned Ankara with more economic sanctions in the last hours unless the latter releases US pastor Andrew Brunson. The US ‘will pay nothing’ to Turkey for the release of detained pastor, President Donald Trump tweeted on …

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Trump brings Erdogan to his knees, doubles tariffs as ally turns foe

US President Donald Trump brought his Turkish counterpart Recept Tayyip Erdogan to his knees on Friday afternoon. While Turkish Finance Minister and Erdogan’s son-in-law was revealing an admittedly weak plan on how to save the economy, Trump announced he doubles tariffs on Turkish steel and aluminum. <blockquote class=”twitter-tweet” data-lang=”en”><p lang=”en” …

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US implements steel & aluminium tariffs, EU threatens with retaliation

A bad day for world trade: US moves forward with imposing tariffs on steel and aluminium, without exception for Canada, Mexico and the European block. The new measures 25% percent on steel and 10% on aluminium go into effect on 1. June 2018, US time. The European Union threatens with …

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