The European Union has approved its first round of retaliatory tariffs
The European Union has approved its first round of retaliatory tariffs in response to U.S. President Donald Trump’s sweeping trade duties.
The decision, adopted by EU member states on Wednesday afternoon, will impose 25% tariffs on a wide range of American exports in phased stages beginning next week, as reported by The New York Times and Euronews.
The tariffs target U.S. products such as soybeans, almonds, orange juice, poultry, steel, aluminum, tobacco, yachts, and other industrial and agricultural goods. According to POLITICO, the measures are calibrated to strike sectors central to Republican-leaning states, with the EU aiming to exert political as well as economic pressure.
The list is a revised version of the one announced in mid-March, with European officials trimming some items after consultations with industries and policymakers across the 27-nation bloc. Notably, bourbon whiskey was removed after Trump threatened a 200% retaliatory tariff on all European alcohol, a move that could have devastated wine exporters in France, Italy, and Spain, as The New York Times reported.
The phased timeline begins with tariffs on items such as cranberries and orange juice on April 15, followed by a second wave on May 16 including steel, meat, white chocolate, and polyethylene. A final set, including soybeans and almonds—the most valuable
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