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EU countries are expected to approve the first round of EU countermeasures against Trump's tariffs on Wednesday
2025-04-09 09:05

Odaily News EU countries are expected to approve the EU's first round of countermeasures against Trump's tariffs on Wednesday, joining Canada and other countries in retaliatory actions. On Wednesday, Trump's reciprocal tariffs against the EU and dozens of countries took effect, further expanding the tariff shock and stimulating a wider sell-off in financial markets. The European Commission proposed on Monday to impose an additional 25% tariff on a range of US imports in response specifically to US metal tariffs. The EU is still evaluating how to deal with automobiles and broader taxation. (Jinshi)