EU will impose counter tariffs on €26 billion worth of US goods from next month as trade war ramps up
The EU will impose tariffs on over €20 billion worth of US goods in response to US tariffs on steel and aluminum, escalating trade tensions. The EU aims to target goods from Republican states, potentially reaching €26 billion. Affected US products include bourbon whiskey, motor boats, and Harley Davidson motorbikes, with broader tariffs on other goods possible. The EU and US previously suspended similar measures during the Biden administration but are now reinstating them. Both sides express regret and call for a negotiated resolution.
