EU to Impose €26 Billion Tariffs on US Goods in Response to Metal Duties

44 posts • ChatGPT (o1)

Updated Mar 12, 2025, 06:30 AM

The European Union has announced that it will impose countermeasures in response to the United States' tariffs on steel and aluminum imports from the EU. Starting in April, the EU plans to levy tariffs on American goods worth up to €26 billion ($28.33 billion), matching the economic impact of the US tariffs. The European Commission stated that the EU's response will be swift and proportionate, aiming to equal the scope of the US measures. The countermeasures include reimposing suspended tariffs from 2018 and 2020, with a two-phase implementation beginning on April 1 and concluding by mid-April. Products affected by the EU tariffs are expected to include items such as whiskey, motorcycles, boats, and other goods imported from the US. The European Commission expressed deep regret over the US decision to impose tariffs on EU steel and aluminum exports, deeming them unjustified. European Commission President Ursula von der Leyen remarked that the EU's actions constitute a proportionate response to the US trade measures. The EU emphasizes the importance of open and fair trade and seeks to uphold the rules-based international trading system.

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#European Union #United States #EU #American #US #European Commission #Ursula von der Leyen

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Sources

bloomberg.com(4)welt.de(2)repubblica.it yle.fi

Repubblica

@repubblica

Duties, the EU responds to Trump: from April 1, “countermeasures” to the US. Von der Leyen: 'Strong but proportionate response' https://t.co/fefKr5zJcg

Yle Uutiset

@yleuutiset

EU imposes retaliatory tariffs on US https://t.co/WG3F0sCK8J

emmanuel berretta

@Eberretta

🔄 The EU is implementing a two-stage response to US tariffs: resumption of the 2018/2020 countermeasures as of 1 April, then new measures in mid-April. In total: €26 billion, equivalent to the economic impact of American rights. #RelationsTransatlantiques