The European Union has announced €26 billion in counter-tariffs on US goods. The move comes after President Donald Trump imposed tariffs of up to 25% on EU steel and aluminum imports.

The EU tariffs will begin on April 1. The first phase will reinstate previous retaliatory tariffs on US goods worth €4.5 billion. The tariffs will target jeans, bourbon, motorcycles, and peanut butter. The EU will add more tariffs on US products worth €18 billion by mid-April.

EU Commission President Ursula von der Leyen defended the decision. For more updates check our Youtube channel.

“The European Union must act to protect consumers and business,” she said. She called the move strong but proportionate.

Trump said the tariffs are necessary due to the US trade deficit with the EU. The EU had a €198.2 billion surplus in goods trade with the US in 2024. The US had a €109 billion deficit in services trade with the EU in 2023.

The second phase of EU tariffs will take effect on April 13. The tariffs will target US industrial and agricultural products. This includes steel, aluminum, textiles, household appliances, poultry, beef, seafood, dairy, sugar, and vegetables.

The EU says the tariffs will match the scope of US measures. Member states will review and approve the full list before implementation.

Trade analysts warn that tensions between the US and EU could escalate. The economic impact could hurt businesses on both sides. The EU has warned that it is prepared for further action if needed.

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