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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Why the Gafams are at the heart of the commercial arm between Donald Trump and the EU
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
Read Full ArticleThe EU exported iron and steel worth 77.8 billion euros in 2024. The US is the second largest export partner - HotNews.ro
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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