The European Commission proposed counter-tariffs of 25% on a range of U.S. goods on Monday in response to President Donald Trump’s tariffs on steel and aluminium, a document seen by Reuters showed.<\/p>\n\n\n\n
The tariffs on some goods will take effect May 16, while others will be implemented later in the year on December 1, according to the document.<\/p>\n\n\n\n
The goods affected are wide-ranging and include items such as diamonds, eggs, dental floss, sausages, and poultry. The counter-tariffs on almonds and soybeans will take effect on December 1.<\/p>\n\n\n\n
EU trade chief Maros Sefcovic said earlier on Monday that the counter-tariffs would have less impact than the previously announced 26 billion euros ($28.45 billion) in U.S. tariffs.<\/p>\n\n\n\n
Bourbon, wine, and dairy products have been removed from the original list that the Commission was considering in March. The Commission had initially planned a 50% tariff on bourbon, which prompted Trump to threaten a 200% counter-tariff on EU alcoholic drinks if the bloc proceeded with the measure.<\/p>\n\n\n\n
Trump’s threat caused particular concern in France and Italy, given their significant wine industries.<\/p>\n\n\n\n
In addition to these counter-tariffs, the EU already implemented tighter safeguards on steel imports as of April 1, reducing imports by 15%. The Commission is also looking into the possibility of introducing import quotas for aluminium.<\/p>\n\n\n\n
EU member states are set to vote on this proposal on April 9.<\/p>\n\n\n\n
<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
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