The European Union will impose counter tariffs on 26 billion euros ($28.33 billion) worth of U.S. goods from next month in response to U.S. tariffs on steel and aluminium, the European Commission said in a statement on Wednesday.
The commission said it will end the current suspension of tariffs on U.S. products on April 1 and will also put forward a new package of countermeasures on U.S. goods by mid-April.
"This matches the economic scope of the U.S. tariffs. Our countermeasures will be introduced in two steps. Starting with 1 April and fully in place as of 13 April," Ursula von der Leyen, president of the European Commission, said in a statement.
"We are ready to engage in meaningful dialogue. I have entrusted Trade Commissioner Maros Sefcovic to resume his talks to explore better solutions with the U.S.," von der Leyen added.
U.S. President Donald Trump's increased tariffs of 25% on steel and aluminium imports took effect on Wednesday as prior exemptions, duty free quotas and product exclusions expired.
Chinese Vice Premier He Lifeng will visit the UK from June 8–13 for the first round of China-U.S. economic and trade consultations. Talks will include U.S. Treasury and Commerce Secretaries and Trade Representative Jamieson Greer.
U.S. President Donald Trump has warned that there could be “serious consequences” if Elon Musk provides financial support to Democratic candidates challenging Republicans who back Trump’s tax-cut bill, signalling a sharp turn in their previously cordial relationship.
The United States has appointed Lieutenant General Alexus G. Grynkewich as the next Supreme Allied Commander Europe (SACEUR). This development occurs as NATO allies prepare for a summit in The Hague later this month, where they have agreed to increase defence spending to 5% of their GDP.
After nearly a decade of talks, Indonesia and the European Union aim to finalize a free trade deal by the end of June.
A tense Friday evening descended into chaos in downtown Los Angeles as federal immigration raids ignited furious protests, culminating in a dramatic standoff between demonstrators and helmeted police in riot gear.
Israel’s military says it has identified the body of top Hamas commander Mohammed Sinwar beneath a hospital in southern Gaza.
Russia says its troops have entered the Dnipropetrovsk region for the first time, but Ukrainian officials reject the claim.
A powerful earthquake has hit Colombia, with authorities reporting no immediate casualties and ongoing assessments in several areas.
Israel’s defence minister has ordered the military to stop an aid ship carrying Greta Thunberg from reaching Gaza.
National Guard troops have been sent to Los Angeles after protests erupted over immigration arrests.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 8th, covering the latest developments you need to know.
Presidential candidate Miguel Uribe Turbay is in critical condition after being shot three times — including twice in the head — during a campaign event in Bogotá.
A 30-year-old woman was shot by police in Munich on Saturday evening after stabbing two people at Theresienwiese, a central park best known for hosting Oktoberfest.
Ukraine’s Security Service (SBU) has confirmed it carried out a third targeted attack against the Crimean Bridge, also known as the Kerch Bridge, early Tuesday morning, marking a new escalation in the ongoing conflict with Russia.
A strong 6.3 magnitude earthquake shook Japan’s Hokkaido prefecture early Monday, causing no reported injuries or damage, and no tsunami warning was issued, officials confirmed.
Israel’s military says it has identified the body of top Hamas commander Mohammed Sinwar beneath a hospital in southern Gaza.
Russia says its troops have entered the Dnipropetrovsk region for the first time, but Ukrainian officials reject the claim.
A powerful earthquake has hit Colombia, with authorities reporting no immediate casualties and ongoing assessments in several areas.
Israel’s defence minister has ordered the military to stop an aid ship carrying Greta Thunberg from reaching Gaza.
National Guard troops have been sent to Los Angeles after protests erupted over immigration arrests.
Israel’s military says it has identified the body of top Hamas commander Mohammed Sinwar beneath a hospital in southern Gaza.
Russia says its troops have entered the Dnipropetrovsk region for the first time, but Ukrainian officials reject the claim.
A powerful earthquake has hit Colombia, with authorities reporting no immediate casualties and ongoing assessments in several areas.
Israel’s defence minister has ordered the military to stop an aid ship carrying Greta Thunberg from reaching Gaza.
National Guard troops have been sent to Los Angeles after protests erupted over immigration arrests.
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