Countermeasures could apply to U.S. exports worth up to €26 billion
The European Commission (EC) on March 11, 2025, announced countermeasures in response to U.S. tariffs on EU steel and aluminum imports that came into effect today, March 12, 2025 (read TradeNewsFlash).
The EC release explains a two-step approach:
In total, the EU countermeasures could apply to U.S. exports worth up to €26 billion to match the economic scope of the U.S. tariffs.