EU Announces Countermeasures Against US Steel and Aluminum Tariffs

The European Union announced on Wednesday, March 12, 2025, that it would implement "swift and proportionate" countermeasures against imports from the United States in response to new tariffs on European steel and aluminum. The European Commission stated that it regrets the U.S. decision to impose these tariffs, considering them unjustified, disruptive to transatlantic trade, and harmful to businesses and consumers. The EU's countermeasures could affect up to €26 billion worth of U.S. exports. These measures will be introduced in two stages, beginning on April 1 and fully effective by April 13. The EU remains open to negotiations with the U.S. administration to find a solution.