EU Commission Proposes 25% Counter-Tariffs on Some US Imports, Document Shows

The European Commission proposed counter-tariffs of 25% on a range of U.S. goods on Monday in response to President Donald Trump's tariffs on steel and aluminium, a document seen by Reuters showed. The tariffs on some goods will take effect May 16 and others later in the year, on December 1, the document said. The goods are wide-ranging and include diamonds, eggs, dental floss, sausages and poultry. The counter-tariffs on almonds and soybeans will take effect on December 1. Read more.

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Trump Metals Tariffs Draw Swift Retaliation from Canada and EU

President Donald Trump's increased tariffs on all U.S. steel and aluminum imports took effect on Wednesday, stepping up a campaign to reorder global trade in favor of the U.S. and drawing swift retaliation from Europe, Reuters reported. Trump's action to bulk up protections for American steel and aluminum producers restores effective global tariffs of 25% on all imports of the metals and extends the duties to hundreds of downstream products made from the metals, from nuts and bolts to bulldozer blades and soda cans.
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EU Says Trump’s Reciprocal Tariff Policy ‘a Step in the Wrong Direction’

President Trump’s plan to target countries with so-called reciprocal tariffs is “a step in the wrong direction,” the European Commission said on Friday, the Wall Street Journal reported. The European Union’s executive arm said the bloc has some of the lowest tariffs in the world and sees no justification for increased U.S. tariffs on its exports. Such measures amount to a tax on U.S.
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