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.
In Tuesday’s closely watched parliamentary election, Greenland’s pro-business opposition Demokraatit party took a commanding lead after over 90% of the ballots were counted.
The Republican-controlled U.S. House of Representatives on Tuesday approved a stopgap spending bill designed to keep federal agencies funded through September 30, averting a potential partial government shutdown that was set to begin this weekend.
Mexico’s economy appears on track to contract in the first quarter, potentially plunging the country into a technical recession, as U.S. President Donald Trump’s fluctuating tariff policies disrupt growth that was already showing signs of weakness.
Ukraine confirmed on Tuesday that U.S. military assistance has resumed, following high-level talks in Saudi Arabia, according to a Ukrainian presidential official.
Poland's deputy prime minister vowed on Tuesday to stick with plans to introduce a new tax on big tech, hitting back at a threat of retaliation from the incoming United States ambassador amid a deepening war of words between Warsaw and Washington.
Separatist militants hijacked the Jaffar Express in southwest Pakistan, taking over 400 passengers hostage, including suicide bombers. A tense rescue operation is underway as the Baloch Liberation Army threatens executions unless its demands are met.
A Russian missile strike on a grain vessel in the Black Sea port of Odesa killed four people and damaged key infrastructure, underscoring the ongoing threats to Ukraine's vital export routes amid the ongoing war.
NASA has launched two missions to explore the universe’s origins and the Sun’s outer atmosphere. The SPHEREx observatory and PUNCH satellite constellation will map the cosmos and study solar wind, helping scientists understand cosmic evolution and improve space weather forecasts.
On March 12, Azerbaijani President Ilham Aliyev met with Vaira Vike-Freiberga and Ismail Serageldin, co-chairs of the Nizami Ganjavi International Center, along with former heads of state, government, and Board of Trustees members.
President Donald Trump is preparing a new travel ban that could block entry for people from Afghanistan and Pakistan as early as next week. The move is part of an intensified immigration crackdown.
Italy’s League party urges the government to favour Starlink over French-led Eutelsat for satellite communication systems, citing Starlink's technological edge. The push comes amid delays in the EU’s IRIS² program, as Italy seeks secure communication solutions for officials.
XPeng Motors plans to mass-produce flying cars by 2026, becoming the first company globally to do so. CEO He Xiaopeng also highlighted advancements in autonomous driving and humanoid robotics as part of the company’s future tech initiatives.
The Organization of Islamic Cooperation (OIC) is set to condemn Trump’s Gaza “Riviera” plan, backing Egypt’s $53 billion reconstruction proposal. A classified draft resolution, rejects the relocation of Gazans, calls for urgent international support, and mobilises opposition to the U.S. stance.
Separatist militants hijacked the Jaffar Express in southwest Pakistan, taking over 400 passengers hostage, including suicide bombers. A tense rescue operation is underway as the Baloch Liberation Army threatens executions unless its demands are met.
A Russian missile strike on a grain vessel in the Black Sea port of Odesa killed four people and damaged key infrastructure, underscoring the ongoing threats to Ukraine's vital export routes amid the ongoing war.
Cuba has granted early release to 553 prisoners as part of a deal mediated by the Holy See during the final days of former U.S. President Joe Biden’s presidency.
Russian officials express reservations over the U.S. proposal for a 30-day ceasefire in Ukraine, highlighting the need for guarantees and the ongoing military situation.
Vietnam and Singapore have agreed to enhance cooperation in subsea cables, finance, and energy, upgrading their relations to a "comprehensive strategic relationship." They aim to expand digital connectivity and meet the growing demand for data services, with Singapore investing heavily in Vietnam.
Separatist militants hijacked the Jaffar Express in southwest Pakistan, taking over 400 passengers hostage, including suicide bombers. A tense rescue operation is underway as the Baloch Liberation Army threatens executions unless its demands are met.
A Russian missile strike on a grain vessel in the Black Sea port of Odesa killed four people and damaged key infrastructure, underscoring the ongoing threats to Ukraine's vital export routes amid the ongoing war.
NASA has launched two missions to explore the universe’s origins and the Sun’s outer atmosphere. The SPHEREx observatory and PUNCH satellite constellation will map the cosmos and study solar wind, helping scientists understand cosmic evolution and improve space weather forecasts.
On March 12, Azerbaijani President Ilham Aliyev met with Vaira Vike-Freiberga and Ismail Serageldin, co-chairs of the Nizami Ganjavi International Center, along with former heads of state, government, and Board of Trustees members.
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