EU retaliates as Trump steel, aluminum tariffs take effect
The European Union (EU) retaliated swiftly with a two-step approach in response to President Trump’s fresh 25 percent tariffs on steel and aluminum that took effect Wednesday.
First, the European trading bloc — made up of 27 nations — will allow the suspension of the existing 2018 and 2020 countermeasures against the U.S. to expire on April 1. Second, the commission is proposing a new package of countermeasures on goods coming from the U.S. that will go into effect in mid-April, covering some $28 billion in imports in total.
President of the European Commission Ursula von der Leyen said Europe “deeply” regrets Trump’s
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