The European Union says it will impose counter-measures on €26bn (£21.9bn, $28.3bn) worth of US goods in response to President Donald Trump’s tariffs on steel and aluminium.
Mr Trump’s tariffs, which came into effect overnight, mean that US businesses wanting to bring steel and aluminium into the country will have to pay a 25% tax on them.
He hopes the tariffs will boost US steel and aluminium production but critics say it will raise prices for US consumers and dent economic growth.
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Author: BBC News
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News post in March 12, 2025, 12:06 pm.
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