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Economy
EU to introduce trade countermeasures against US goods from April 1 — European Commission
12 March 2025 / 12:18
EU to introduce trade countermeasures against US goods from April 1 — European Commission

The European Union will introduce trade countermeasures against US goods from April 1 in response to Washington's tariffs, Maros Sefcovic, European Commissioner for Trade and Economic Security, and European Commissioner for Interinstitutional Relations and Transparency, announced.

"The U.S. has chosen unjustified tariffs, leaving us with no choice but to respond. The currently suspended EU's rebalancing measures will return on 1 April," he wrote on the X social network.

In addition, Sefcovic confirmed that the European Commission is preparing a new package of countermeasures by mid-April. "The disruption (of trade relations - TASS) is avoidable. We're ready to negotiate," he added.

On Wednesday, the European Commission (EC) announced that it was taking "swift and proportionate response" against US imports to the EU in response to new US tariffs on EU steel and aluminium imports. According to a statement, the EC said that overall, EU retaliatory measures could affect up to 26 bln euros in US exports, which is the economic scale of the US tariffs." The EC said that the EU remains ready to work with the US administration to find a negotiated solution.

 

On February 10, US President Donald Trump ordered the introduction of 25% tariffs on all foreign steel and aluminium imports to the US. The decision, which comes into effect on March 12, applies to imports from Argentina, Australia, Brazil, the UK, the EU, Canada, Mexico, South Korea and Japan.