EU Retaliates Against New US Tariffs on Steel and Aluminum
The European Union announces countermeasures, reviving and expanding tariffs on US goods after Trump enforces sweeping import duties.
- The United States has implemented 25% tariffs on steel and aluminum imports, affecting key trade partners including the EU, Canada, and Japan.
- The EU will reintroduce tariffs on US products like whiskey, motorcycles, and jeans starting April 1, with additional measures planned for mid-April targeting agricultural and industrial goods.
- The new US tariffs cover a broader range of goods, including processed steel and aluminum products, impacting 5% of EU exports to the US worth approximately €26 billion.
- China and other nations, including the UK, Japan, and Australia, have criticized the tariffs, though immediate retaliatory actions vary by country.
- Economic experts warn the tariffs may disrupt global supply chains, raise consumer prices, and harm industries on both sides of the Atlantic.























