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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 new tariffs on U.S. Goods worth $28 billion in response to the Trump administration's increase in tariffs on steel and aluminum imports.
  • The EU measures will affect products including textiles, motorcycles, bourbon, and agricultural goods, impacting primarily Republican-held states.
  • European Commission President Ursula von der Leyen stated the EU remains open to negotiation, emphasizing the potential job losses on both sides due to tariffs.
  • The American Chamber of Commerce to the EU called for urgent negotiations to avoid harming jobs and prosperity across the Atlantic.
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manager magazin broke the news in on Tuesday, March 11, 2025.
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