EU's Sefcovic says US tariffs hitting 380 billion euros' worth of its exports
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
Published by Global Banking and Finance Review
Posted on April 7, 2025
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)
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