EU Member States Agree on First Wave of Retaliatory Tariffs Against the US
Brussels, April 9 (Hibya) – After weeks of consultations between member states, the European Commission, and industry representatives, the EU on Wednesday approved retaliatory measures against the US tariffs on EU steel and aluminum.
On Wednesday, EU member states approved 25% tariffs on a wide range of US products, including almonds, orange juice, poultry, soybeans, steel and aluminum, tobacco, and yachts. This move is in retaliation for the 25% tariffs imposed by the US on steel and aluminum imports from the EU bloc.
These are Europe’s first retaliatory measures in the trade war waged by US President Donald Trump against global trading partners.
Hungary made it clear that it would not vote in favor.
France, Ireland, and Italy succeeded in removing Bourbon whiskey from the list of targeted products after Trump threatened that its inclusion would trigger a 200% tariff on European alcohol.
The additional tariffs will take effect on April 15. Further details have yet to be announced.
British News Agency
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