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EU counters Trump tariffs with $28b retaliation

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The European Union is preparing a unified response to U.S. President Donald Trump's sweeping tariffs, targeting up to $28 billion worth of American imports.

Axar.az, citing Reuters, reports that this retaliatory move—similar to those already initiated by China and Canada—comes as Trump's duties hit 70% of EU exports, including steel, aluminum, cars, and other goods.

The EU's countermeasures will likely include tariffs on products such as U.S. meat, wine, wood, and even dental floss and bourbon.

Member states are aiming to strike a balance—responding firmly but avoiding full escalation. While countries like France push for broader action, others like Ireland and Italy urge caution. EU leaders hope unity will pressure Trump into negotiations, though early talks have shown little progress.

Date
2025.04.07 / 16:52
Author
Axar.az
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