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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 $28 billion in counter tariffs on U.S. Goods, responding to Trump's 25% tariffs on steel and aluminum imports that took effect on April 1.
  • Canada plans to impose $21 billion in retaliatory tariffs against the U.S. Due to Trump's new steel and aluminum tariffs, escalating trade tensions.
  • European Commission chief Ursula von der Leyen expressed regret over U.S. Tariffs, stating they create economic uncertainty and announcing plans to implement countermeasures by mid-April unless Trump's policies change.
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manager magazin broke the news in on Tuesday, March 11, 2025.
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