Headlines

EU's Sefcovic says US tariffs hitting 380 billion euros' worth of its exports

Published by Global Banking and Finance Review

Posted on April 7, 2025

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LUXEMBOURG (Reuters) - The range of U.S. tariffs decided last week by President Donald Trump is hitting 380 billion euros ($416.21 billion) worth of EU exports to the United States, EU trade commissioner Maros Sefcovic told reporters on Monday.

He added the European Commission had worked a list of counter measures, which will be sent to EU member states later this Monday.

"The vote is set for April 9 with the final list adopted on April 15 and the duties on products will kick in on that day," he said.

($1 = 0.9130 euros)

(Reporting by Phil Blenkinsop and GV De Clercq; Editing by Makini Brice and Benoit Van Overstraeten)