Europe Hits Again at Trump’s New Aluminum and Metal Tariffs

• The European Union introduced tariffs on $28.4 billion of US items in response to US tariffs.
• The US imposed 25% tariffs on metal and aluminum imports, prompting EU countermeasures.
• The EU seeks a negotiated answer, warning tariffs hurt companies, customers, and jobs.

The European Union introduced tariffs on 26 billion euros, or $28.4 billion, price of US items in response to new American duties on metal and aluminum.

The European Fee launched the “swift and proportionate” countermeasures in an announcement on Wednesday. It referred to as the brand new US tariffs “unjustified.”

“The Fee regrets the US determination to impose such tariffs, contemplating them unjustified, disruptive to transatlantic commerce, and dangerous to companies and customers, typically leading to increased costs,” the EC mentioned within the assertion.

Trump ordered 25% tariffs on all metal and aluminum imports final month that took impact on Wednesday.

The EC mentioned the countermeasures match the scope of US tariffs. US items affected embrace boats, bourbon, and motorbikes.

The fee added that it stays able to work with the US for a “negotiated answer.”

“Tariffs are taxes. They’re unhealthy for enterprise, and even worse for customers. These tariffs are disrupting provide chains. They bring about uncertainty for the economic system. Jobs are at stake. Costs will go up. In Europe and in the US,” mentioned Ursula von der Leyen, the president of the EC, within the assertion.