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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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Behind the customs duties imposed on the Old Continent by the US President is a political struggle on the future of European digital regulation. Faced with Washington's intimidation, Europe will have to move forward with a lot of effort.
·Paris, France
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In 2024, the EU exported iron and steel and related articles worth €77.8 billion and imported €73.1 billion, resulting in a trade surplus of €4.7 billion. Over the past 5 years…
·Romania
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The EU will tax various U.S. products from 1 April. China also assures that it will replicate.
·Montreal, Canada
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Total News Sources400
Leaning Left71Leaning Right43Center98Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 33%
C 46%
R 20%
Factuality
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