EU's Sefcovic says US tariffs hitting 380 billion euros' worth of its exports
Published by Global Banking & Finance Review®
Posted on April 7, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on April 7, 2025
1 min readLast updated: January 24, 2026
US tariffs impact 380 billion euros of EU exports. EU plans counter measures, with a vote on April 9 and adoption on April 15.
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)
The article discusses US tariffs impacting 380 billion euros of EU exports and the EU's planned counter measures.
The EU has prepared a list of counter measures to be voted on April 9 and implemented on April 15.
EU trade commissioner Maros Sefcovic announced the impact and the EU's response.
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