BRUSSELS, (Pakistan Point News - 09th Apr, 2025) After several weeks of consultations between member states, EU Commission and industries, the EU adopted retaliatory measures on Wednesday against US tariffs on EU steel and aluminium.
EU member states approved on Wednesday 25% tariffs on a wide range of US products, including almonds, orange juice, poultry, soyabeans, steel and aluminium, tobacco and yachts, in retaliation against 25% tariffs imposed by the US on imports of steel and aluminium from the bloc.
“The EU considers U.S. tariffs unjustified and damaging, causing economic harm to both sides, as well as the global economy. The EU has stated its clear preference to find negotiated outcomes with the U.S., which would be balanced and mutually beneficial,” the EU executive said in a statement.