
EU Announces Countermeasures Against US Tariffs
The European Commission has unanimously voted to implement trade countermeasures targeting the United States, affecting €21 billion in US imports. Effective from April 15, these measures are a direct response to what the EU describes as "unjustified and damaging" US tariffs.
Staged Implementation and Product Impact
The tariffs will be rolled out in phases, with additional waves scheduled for mid-May and December 1. Products will face duties ranging from 10% to 25%, with notable exclusions like Bourbon whiskey to prevent escalating tensions.
EU Calls for Negotiated Solutions
Emphasizing a preference for diplomacy, the EU has expressed its willingness to cancel the countermeasures should the US agree to a "fair and balanced" deal, highlighting the mutual benefits of such an agreement.
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