Categories: BusinessTopworld

EU Strikes Back: Tariffs on €21 Billion Worth of US Goods Amid Global Trade War

Following China, the European Union retaliates against Trump’s 25% steel and aluminum tariffs with duties on politically sensitive US exports.

April 9, 2025: Brussels/Washington:
The European Union has joined the escalating global trade war, announcing retaliatory tariffs on approximately €21 billion ($23.2 billion) worth of American goods in response to US President Donald Trump’s recent 25% tariffs on EU steel and aluminum exports.

Also Read: “We Will Take Back Panama Canal”: US Vows to Remove Chinese Influence in Strategic Waterway

On Wednesday, a majority of the EU’s 27 member states voted in favor of imposing duties that will begin rolling out in three phasesmid-April, mid-May, and December 1, 2025. These tariffs target strategically selected American exports including soybeans from Louisiana, poultry, motorcycles, agricultural products, and diamonds, with most items facing a 25% duty and select products a 10% levy.

Also Read: Trump Plans Tariffs on Pharma Imports: What It Means for India’s $8.7 Billion US Market

This move is the latest retaliation against President Trump’s sweeping tariff policy. Earlier this week, China imposed 84% tariffs on all US goods after the US slapped a 104% levy on Chinese imports, citing national security and trade imbalance concerns.

Also Read: Gold Prices Surge Amid Recession Fears: Should You Buy MCX Gold Now?

The EU’s decision also comes amid internal pressure. Notably, bourbon whiskey was removed from the final list of targeted products following lobbying from member states concerned about Trump’s threat of 200% tariffs on European wine and champagne.

While Washington has maintained that these tariffs are designed to protect American industries and jobs, global partners view them as aggressive trade protectionism. The EU’s action is widely seen as both a symbolic and tactical response ahead of further negotiations or WTO escalations.

Meanwhile, US Treasury Secretary Scott Bessent responded to the latest round of tariffs from China, calling the move “unfortunate” and urging Beijing to engage in talks rather than “devalue their way out of the tariff war.”

🧩 Trade War Timeline Quick Recap:

  • April 2: Trump imposes global “reciprocal” tariffs.
  • April 6: China announces 34% retaliation.
  • April 8: Trump ups China tariffs to 104%.
  • April 9: China counters with 84% tariffs; EU joins with €21B in duties.

With the world’s three largest economic powers now in an active tariff stand-off, investors and economists fear a prolonged trade war could disrupt global supply chains and deepen economic uncertainty.


🏷️ Tags:

EU tariffs on US, Donald Trump, US-EU trade war, steel tariffs, agriculture exports, China 84% tariff, global trade war, reciprocal tariffs, US-EU relations, trade retaliation, Trump trade policy, WTO complaints, soybeans tariffs, EU response to Trump, European Union trade policy

Mahendra Mohan

Recent Posts

Mithun Chakraborty Reveals Shah Rukh Khan’s Cameo in Rajinikanth’s Jailer 2, Confirms Historic First On-Screen Collaboration

Actor Mithun Chakraborty has seemingly let a major secret slip about Jailer 2, confirming that…

12 hours ago

Former Head of China’s One-Child Policy Dies, Social Media Obituaries Turn Critical

The death of Peng Peiyun, a former senior official who once headed China’s Family Planning…

12 hours ago

Ranveer Singh Cheers Rupali Ganguly’s Mom as Her Dance Reel on Dhurandhar Song Wins Celebrity Love

A fun family reel featuring Rupali Ganguly’s mother, Rajani Ganguly, has taken social media by…

14 hours ago

‘Security-Driven Action, Not Religious’: Thailand Explains Demolition of Lord Vishnu Idol Near Cambodia Border

Thailand has issued an official clarification following international criticism over the demolition of a Lord…

14 hours ago

Sarvam Maya Twitter Reactions: Fans Cheer Nivin Pauly’s Return to Vintage Form, Aju Varghese Wins Laughs

The release of Sarvam Maya has sparked lively discussions on social media, with many viewers…

14 hours ago

Tu Meri Main Tera Main Tera Tu Meri X Reviews: Ananya Panday Earns Praise, Kartik Aaryan Faces Harsh Criticism

The much-anticipated romantic drama Tu Meri Main Tera Main Tera Tu Meri finally released in…

16 hours ago