EU retaliates against Trump’s steel and aluminum tariffs
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The European Union has announced revenge plans in response to President Donald Trump’s tariff and aluminum by 25 %.
A press release of the European Commission announces that the European Union’s reprisal measures can apply to US exports of 26 billion euros (28 billion dollars).
European Commission President Ursula von der Layen spoke against definitions, but he said that this step was a “proportional” response to the United States
Trump’s tariff increased by 25 % on all steel, aluminum imports apply, which leads to revenge on Europe
On Wednesday, the European Commission announced plans to take revenge on President Donald Trump’s tariff for steel and aluminum. (Getty Images)
“The definitions are taxes. They are bad for work, and the worst for consumers,” she said. “The European Union must act to protect consumers and businesses. The counter measures that we take today are strong but proportional. Since the United States applies a 28 billion dollar tariffs, we respond to counter -measures. €26 billion “.
The European Union’s revenge is scheduled to come in two parts.
First, the committee will allow the suspension of the current counter -measures for the year 2018 and 2020 against the United States on April 1. These counter -measures target a group of American products that respond to economic damage that takes place on 8 billion euros of steel exports in the European Union and aluminum.
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“Second, in response to the new American definitions that affect more than 18 billion euros of European Union exports, the committee offers a set of new counter measures on American exports. It will enter into force by mid -April, after consulting member states and stakeholders.”
The European Commission has published the list of goods that can be subject to possible measures.
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2025-03-12 14:10:00
