Summary
The EU announced retaliatory tariffs on US goods after the Trump imposed up to 25% tariffs on EU steel and aluminum.
The EU’s measures, matching the $28 billion (€26 billion) impact, will target steel, aluminum, textiles, leather, home appliances, plastics, and agricultural products.
The tariffs will be phased in from April 1 to April 13. Trump claims tariffs address unfair trade, but critics warn they could harm US consumers and markets.
Financial concerns persist, but Trump insists on downplaying recession risks.
You must log in or register to comment.