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EU to Impose $28 Billion in Counter Tariffs on US Goods in Response to Trump’s Tariffs Starting April 1

  • The European Union announced counter tariffs on U.S. Goods worth approximately $28 billion in response to U.S. Tariffs on steel and aluminum, as announced by European Commission President Ursula von der Leyen.
  • The American Chamber of Commerce to the EU warned that both U.S. Tariffs and EU countermeasures will harm jobs and prosperity on both sides and urged for negotiations.
  • Canada's Finance Minister Dominic LeBlanc and Ontario Premier Doug Ford will visit Washington to discuss the U.S.-Mexico-Canada Agreement amid escalating trade tensions.
  • U.S. Tariffs apply to nearly all imports of steel and aluminum and are met with retaliatory measures targeting specific U.S. Industries, including soybeans and beef.
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manager magazin broke the news in on Tuesday, March 11, 2025.
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