EU Announces Counter Tariffs on $28 Billion in US Goods ๐ช๐บ
The European Union plans to impose retaliatory tariffs on $28 billion worth of US products, escalating trade tensions between the two economic giants. Learn more about the impact and reasons behind this move.
The Manila Times
325 views โข Mar 13, 2025
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EU to impose counter tariffs on $28 billion in US goods<br /><br />The European Union will impose counter tariffs on 26 billion euros ($28 billion) worth of US goods from next month, the European Commission said on Wednesday (March 12), ramping up a global trade war in response to blanket US tariffs on steel and aluminum.<br /><br />"The counter measures we take today are strong but proportionate. As the United States are applying tariffs worth $28 billion, we are responding with counter measures worth 26 billion euros," European Commission chief Ursula von der Leyen told reporters. "The EU must act to protect its consumers and business." <br /><br />EUROPEAN UNION / REUTERS VIDEO<br /><br />Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe <br /><br />Visit our website at https://www.manilatimes.net <br /><br />Follow us: <br />Facebook - https://tmt.ph/facebook <br />Instagram - https://tmt.ph/instagram <br />Twitter - https://tmt.ph/twitter <br />DailyMotion - https://tmt.ph/dailymotion <br /><br />Subscribe to our Digital Edition - https://tmt.ph/digital <br /><br />Check out our Podcasts: <br />Spotify - https://tmt.ph/spotify <br />Apple Podcasts - https://tmt.ph/applepodcasts <br />Amazon Music - https://tmt.ph/amazonmusic <br />Deezer: https://tmt.ph/deezer <br />Tune In: https://tmt.ph/tunein<br /><br />#TheManilaTimes<br />#worldnews <br />#tarrifs <br />#us <br />#eu
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Views
325
Duration
3:03
Published
Mar 13, 2025
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