The European Union will impose counter tariffs on $28 billion (€26 billion) worth of US goods from next month, the European Commission said on Wednesday, ramping up a global trade war in response to blanket US tariffs on steel and aluminum.
US President Donald Trump’s increased tariffs of 25 percent on all steel and aluminum imports took effect on Wednesday as prior exemptions, duty free quotas and product exclusions expired.
The European Commission said it will end the current suspension of tariffs on US products on April 1 and will also put forward a new package of countermeasures on US goods by mid-April.
The suspended tariffs apply to products ranging from boats to bourbon to motorbikes, and the EU said it would now start a two-week consultation to pick other product categories.
The new measures will target around €18 billion in goods, with the overall objective to ensure that the total value of the EU measures corresponds to the increased value of trade impacted by the new US tariffs, the EU said.
The proposed target products include industrial and agricultural products, such as steel and aluminum, textiles, home appliances, plastics, poultry, beef, eggs, dairy, sugar and vegetables.
“Our countermeasures will be introduced in two steps. Starting with 1 April and fully in place as of 13 April,” Ursula von der Leyen, the president of the European Commission, said in a statement.
“We are ready to engage in meaningful dialogue. I have entrusted Trade Commissioner Maros Sefcovic to resume his talks to explore better solutions with the US,” von der Leyen added.
EU to impose counter tariffs on $28 billion in US goods
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EU to impose counter tariffs on $28 billion in US goods
- The European Commission will also put forward a new package of countermeasures on US goods by mid-April
- The proposed target products include industrial and agricultural products such as steel and aluminum, textiles
EU to suspend 93 billion euro retaliatory trade package against US for 6 months
- “With the removal of the tariff threat by the US we can now return to the important business,” Gill said
- The Commission will soon make a proposal “to roll over our suspended countermeasures”
BRUSSELS: The European Commission said on Friday it would propose suspending for another six months an EU package of retaliatory trade measures against the US worth 93 billion euros ($109.19 billion) that would otherwise kick in on February 7.
The package, prepared in the first half of last year when the European Union was negotiating a trade deal with the United States, was put on hold for six months when Brussels and Washington agreed on a joint statement on trade in August 2025.
US President Donald Trump’s threat last week to impose new tariffs on eight European countries over Washington’s push to acquire Greenland had made the retaliatory package a handy tool for the EU to use had Trump followed through on his threat.
“With the removal of the tariff threat by the US we can now return to the important business of implementing the joint EU-US statement,” Commission spokesman Olof Gill said.
The Commission will soon make a proposal “to roll over our suspended countermeasures, which are set to expire on February 7,” Gill said, adding the measures would be suspended for a further six months.
“Just to make absolutely clear — the measures would remain suspended, but if we need them at any point in the future, they can be unsuspended,” Gill said.
