EU tariffs

After China, EU Strikes Back With Tariffs On US Goods Worth Over €20 Billion

The European Union took action on Wednesday, imposing tariffs on over €20 billion worth of American imports such as soybeans, motorcycles, and beauty products, in response to the tariff hikes introduced by US President Donald Trump. In a statement, the European Commission confirmed the countermeasures, noting they directly respond to...

EU Opts for Diplomacy Over Escalation in Response to Trump’s Tariffs

European Union ministers, in a meeting on Monday, favoured negotiations over retaliatory actions in response to the tariffs imposed by U.S. President Donald Trump, as the bloc prepared to unveil its first round of countermeasures, Reuters reported. The U.S. tariffs, which target a range of goods including steel, aluminium and...