EU to Impose Counter Tariffs on US Goods Amid Ongoing Trade Tensions
The European Union will impose counter tariffs on approximately €26 billion worth of US products starting April 1, in response to the recent US tariffs on steel and aluminum. European Commission President Ursula von der Leyen announced the new measures will be phased in over two weeks and are aimed at targeting various goods, including industrial and agricultural products. The move intensifies an ongoing trade dispute between the EU and US, as President Donald Trump continues to bolster protections for American steel and aluminum producers.