EconomyPolitics The EU is getting ready counter-tariffs concentrating on the US totaling $28B, and the UK has compiled an inventory of 8,000 US items to reflect tariffs. Monday, April 7, 2025
EU nations will intention to current a united entrance in opposition to Donald Trump’s tariffs within the coming days, possible by approving the preliminary set of focused counter-measures on US imports.
The 27 EU nations are going through 25% import duties on metal, aluminum, and automobiles, together with reciprocal duties of 20% on practically all different items. Trump’s duties influence about 70% of EU exports to the US, amounting to a complete of €532B.
The European Fee will suggest to the bloc’s members on Monday night an inventory of US items that will likely be subjected to extra duties, which might contain items value as much as $28B, together with meat, cereals, wine, wooden, and clothes, in addition to diapers and bathroom paper.
The UK has launched a 400-page listing of 8,000 classes of US items on which it might impose tariffs in response to Trump’s tariffs, protecting roughly 27% of UK imports of US items. The British authorities is raring to succeed in a cope with the US, so it would contemplate all choices.