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Tariff!
(aussie.zone)
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Thanks for context!
I hope that as soon as the US will act more iffy, these countermeasures will kick in, as even the US should know then that they aren't all mighty.
I don't know if you have more info, but are these measures reversible or absolute?
The regulation text says that the measures are enacted by the European Commission putting out an implementing act. Article 7 says that they may repeal the implementation if the third country resolves the conflict. So it seems that they can only remove the measures if the third country gives up.