April 9, 2025, 11:21 am
European Union officials have announced a series of retaliatory measures against U.S. goods, targeting products worth $23 billion in response to Washington’s imposed tariffs on steel and aluminum. An additional report outlines plans to extend these counter-tariff policies to cover a broader range of products including food, motorcycles, clothing, and dental floss. Together, these actions mark a coordinated European response aimed at rebalancing trade relations and countering policies deemed both unjustified and damaging to the global market.
EU countries approved retaliatory tariffs on $23 billion of U.S. goods in response to Trump's 25% tariffs on steel and aluminum, which the EU called "unjustified and damaging." The tariffs will be phased in over time.
The European Union says it will launch its first counter-tariffs on U.S. imports beginning next week on a range of products from food to motorcycles, clothing and dental floss.
2 stories from 2 sources in 9 days ago #economy #trade #us-relations #global-trade #tariffs
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