• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
EU-Approves-€22-Billion-in-Retaliatory-Tariffs-Against-the-US

EU Approves €22 Billion in Retaliatory Tariffs Against the US

04/09/2025
Asia-Pacific Air Cargo Soars with 10% Growth Amid Tariff-Driven Demand Shifts

Asia-Pacific Air Cargo Soars with 10% Growth Amid Tariff-Driven Demand Shifts

05/30/2025
India’s MSMEs Embrace Supply Chain Innovation Amid E-Commerce Growth and Tariff Reforms

India’s MSMEs Embrace Supply Chain Innovation Amid E-Commerce Growth and Tariff Reforms

05/30/2025
Anwar Urges ASEAN to Enhance Economic Ties and Tackle Challenges

Anwar Urges ASEAN to Enhance Economic Ties and Tackle Challenges

05/23/2025
U.S. Government Explores Policy Options on Tariff-Related Price Increases

U.S. Government Explores Policy Options on Tariff-Related Price Increases

05/22/2025
Global retailers consider spreading tariff costs across markets

Global retailers consider spreading tariff costs across markets

05/22/2025
Walmart Will Absorb Some Tariff Costs, Says Treasury Secretary Bessent

Walmart Will Absorb Some Tariff Costs, Says Treasury Secretary Bessent

05/19/2025
Trump Administration Reaffirms Tariffs for Nations Avoiding Trade Talks

Trump Administration Reaffirms Tariffs for Nations Avoiding Trade Talks

05/19/2025
Apple Expands India Manufacturing Amid Uncertainty from U.S.-China Trade Shift

Apple Expands India Manufacturing Amid Uncertainty from U.S.-China Trade Shift

05/19/2025
Tariff Cuts on Chinese Imports Unlikely to Ease Prices or Product Shortages

Tariff Cuts on Chinese Imports Unlikely to Ease Prices or Product Shortages

05/19/2025
Companies Announce Price Increases in Response to New U.S. Tariffs

Companies Announce Price Increases in Response to New U.S. Tariffs

05/19/2025
APEC Adopts Joint Statement Highlighting Trade Challenges Amid Tariff Concerns

APEC Adopts Joint Statement Highlighting Trade Challenges Amid Tariff Concerns

05/19/2025
Trump Says India May Drop Tariffs, Urges Apple to Boost U.S. Manufacturing

Trump Says India May Drop Tariffs, Urges Apple to Boost U.S. Manufacturing

05/16/2025
supplychainreport
Sunday, June 1, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

EU Approves €22 Billion in Retaliatory Tariffs Against the US

by Giezel Garcia
04/09/2025
in Trade Policies

The European Union has approved a set of retaliatory tariffs on U.S. goods, valued at €22 billion, in response to recent U.S. trade actions. The decision follows a vote by EU member states on April 9, 2025, with 26 out of the 27 countries supporting the measure. Only Hungary, which has a close alignment with U.S. President Donald Trump, voted against the tariffs.

The tariffs, which will be phased in over three stages throughout the year, include duties of between 10% and 25% on a range of U.S. products, including tobacco, motorcycles, poultry, steel, and aluminum. The first tariffs will go into effect on April 15, with the majority of duties being applied starting May 16. Additional tariffs on certain goods, such as soybeans and nuts, will begin on December 1.

YOU MAY ALSO LIKE

Ford Expects $1.5bn Profit Impact Due to Trump Tariffs

EU Reassesses Trade Strategy Amid US Tariff Threats and Chinese Overtures

The EU’s move is a direct response to the U.S.’s imposition of a 25% tariff on steel and aluminum imports last month, which the European Commission has characterized as unjustified and damaging to both economies. The Commission emphasized that the EU remains committed to seeking a negotiated solution with the U.S. but is prepared to proceed with the tariffs in the absence of a resolution.

The EU had originally proposed tariffs on a wider range of goods, valued at €26 billion, but some items, such as bourbon, were removed from the list after U.S. threats to impose retaliatory tariffs on European alcoholic products. The EU also continues to consider additional countermeasures in response to further U.S. tariffs, including a 25% levy on automobiles and a 20% tariff on all EU goods, which were enacted by the U.S. earlier this week.

A formal proposal from the European Commission regarding further retaliation is expected by mid-May, unless a negotiated solution is reached with Washington. This decision follows U.S. President Trump’s rejection of an EU proposal to remove tariffs on all industrial goods traded between the two regions.

The U.S. currently imposes tariffs on a significant portion of EU exports, totaling €370 billion, or 70% of the EU’s total exports to the U.S. Tensions between the two trading partners continue to escalate, with both sides engaging in a series of trade-related disputes.

Explore top supply chain news stories at The Supply Chain Report. Visit ADAMftd.com for free international trade tools.

#EUTariffs #RetaliatoryTariffs #USTradeDispute #EUTradePolicy #GlobalTradeTensions #EUEconomy #TariffWar

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.