EU Plans to Impose Tariffs on American Goods

The European Union intends to introduce counter-tariffs of 25% on a range of American products, including diamonds, eggs, meat products, and agricultural goods. Restrictions on the import of steel and aluminum are also under consideration, aimed at protecting European producers.

This is reported by AgroReview

This decision is a response to the tariffs on steel and aluminum imposed by the Donald Trump administration, which have already negatively impacted European manufacturers.

A document reviewed by Reuters indicates that the decision will be put to a vote among EU member states on April 9.

The planned tariffs will be implemented in phases: some will take effect on May 16, while others will start on December 1. The list of goods subject to the new tariffs includes:

• diamonds;
• eggs;
• dental floss;
• sausages;
• poultry;
• almonds (from December 1);
• soybeans (from December 1).

It is worth noting that bourbon, wine, and dairy products were removed from the initial list, which had considered tariffs of up to 50%. This change occurred following a strong reaction from Donald Trump, who threatened to impose tariffs of up to 200% on alcoholic beverages from the EU. This situation has raised particular concerns in France and Italy – key players in the European wine industry.

EU Trade Commissioner Maroš Šefčovič emphasized that the planned tariffs will have a significantly smaller economic impact compared to previous measures amounting to 26 billion euros. Additionally, as of April 1, the EU has already reduced steel imports by 15% as part of strengthening its protective policy and is also considering the introduction of quotas on aluminum imports.