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.
398 Articles
398 Articles
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.
The 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…
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