Gate News bot message, Reuters reported that EU member states are set to formally approve the first round of countermeasures against U.S. tariffs this Wednesday. This move targets the Trump administration’s earlier policy of imposing a 25% tariff on steel and aluminum products and broadly increasing tariffs by over 20% on EU goods.
According to the plan, the European Union will impose a 25% tariff on products exported from the United States, including motorcycles, poultry, fruits, timber, clothing, and dental floss. This measure involves an amount of approximately 21 billion euros and will be implemented in three phases: April 15, May 16, and December 1.
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The EU will impose 21 billion euros in tariff countermeasures against the United States
Gate News bot message, Reuters reported that EU member states are set to formally approve the first round of countermeasures against U.S. tariffs this Wednesday. This move targets the Trump administration’s earlier policy of imposing a 25% tariff on steel and aluminum products and broadly increasing tariffs by over 20% on EU goods.
According to the plan, the European Union will impose a 25% tariff on products exported from the United States, including motorcycles, poultry, fruits, timber, clothing, and dental floss. This measure involves an amount of approximately 21 billion euros and will be implemented in three phases: April 15, May 16, and December 1.