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EU commission proposes 25% counter-tariffs on some US imports, document shows - Headlines news and analysis from Global Banking & Finance Review
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EU commission proposes 25% counter-tariffs on some US imports, document shows

Published by Global Banking & Finance Review

Posted on April 7, 2025

1 min read

· Last updated: April 7, 2025

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EU Plans 25% Tariffs on US Imports Amid Trade Tensions

BRUSSELS (Reuters) - The European Commission proposed counter-tariffs of 25% on a range of U.S. goods on Monday in response to President Donald Trump's tariffs on steel and aluminium, a document seen by Reuters showed.

The tariffs on some goods will come into effect May 16 and other later in the year, on December 1, the document said.

Bourbon was removed from the original list the Commission was weighing in March.

(Reporting by Julia Payne; Editing by Tomasz Janowski)

Key Takeaways

  • The EU proposes 25% tariffs on US goods.
  • Response to US tariffs on steel and aluminium.
  • Tariffs effective May 16 and December 1.
  • Bourbon removed from the initial tariff list.
  • Trade tensions between EU and US escalate.

Frequently Asked Questions

What is the main topic?
The EU's proposal of 25% counter-tariffs on US imports in response to US tariffs on steel and aluminium.
What goods are affected by the EU tariffs?
The tariffs will apply to a range of US goods, with specifics detailed in the EU's proposal.
When will the EU tariffs take effect?
The tariffs will start on May 16, with additional tariffs effective from December 1.

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