EU launches public consultation on potential countermeasures affecting nuts and dried fruits
On May 12, 2025, the United States and China released a joint statement outlining an agreement to substantially reduce tariffs on each other’s goods for an initial period of 90 days. As reported by CNN, each side agreed to lower tariffs on the other by 115 percentage points, bringing US tariffs on Chinese goods down from 145% to 30% and lowering Chinese tariffs on US goods from 125% to 10%. These changes took effect on May 14, 2025.
In other tariff news, on May 8, the European Commission announced a public consultation on a list of US imports that could become subject to EU countermeasures if ongoing EU-US negotiations do not result in a mutually beneficial outcome and the removal of the US tariffs. The list of products includes a broad range of nuts and dried fruits, including roasted almonds and pistachios; shelled and in-shell Brazil nuts, cashews, hazelnuts, macadamias, pine nuts, pistachios, pecans, and walnuts; roasted, prepared, and preserved peanuts; dates; dried apricots; dried figs; prunes; and dried grapes. The consultation will run until June 10, 2025.
To stay abreast of tariff changes affecting nuts and dried fruits, visit the INC’s Tariffs Timeline.