The European Union will delay planned tariffs against the U.S., to allow for "additional time for discussions" with the Trump administration. 

The EU's tariffs were initially scheduled to gradually roll out between April 1 and April 13, impacting €26 billion ($28.4 billion) worth of U.S. products, including whiskey, textiles, leather goods, home appliances, household tools, plastics, wood and a range of agriculture products, in addition to steel and aluminum. The levies were first announced as a retaliatory move against U.S. tariffs on all imported steel and aluminum, which came into force on March 12. 

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According to BBC News, the first round of the EU's tariffs are now set to begin on April 13, which spokesperson Olof Gill said would "not diminish the impact of our response" to Trump's steel and aluminum duties.

"In the meantime, the EU continues to be ready to engage in constructive dialogue with the U.S., in order to seek a solution that avoids unnecessary harm to both economies," Gill added, although he did not share whether any progress has been made with the Trump administration on negotiations. Speaking to CNBC, EU trade commissioner Maros Sefcovic said that the plan moving forward is to reassess after April 2, when President Trump is expected to announce reciprocal tariffs for countries that retaliated against U.S. steel and aluminum levies. In late February, Trump also signaled a willingness to enact 25% tariffs against all EU exports.