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We 'must act': Europe retaliates against Trump's 25% tariffs on steel and aluminum imports

12 March 2025
in World
We 'must act': Europe retaliates against Trump's 25% tariffs on steel and aluminum imports
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The European Union swiftly responded to U.S. President Donald Trump’s 25% tariffs on steel and aluminum imports with countermeasures on $28.33 billion worth of U.S. goods starting in April, citing the need to protect businesses and consumers. European Commission President Ursula von der Leyen emphasized the negative impact of tariffs on supply chains, jobs, and prices, expressing regret over the U.S. decision while leaving the door open for negotiation. Trump, in response, announced reciprocal tariffs and criticized the EU’s trade practices, setting the stage for potential further escalation in trade tensions.

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Tags: 039mustAct039AluminumBreaking News: EuropeBreaking News: Politicsbusiness newsDonald J. TrumpDonald TrumpEconomic eventsEuropeForeign policyimportsInternational tradePoliticsretaliatesSteelTariffsTrump039sUnited StatesUrsula von der Leyen
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