The European Commission’s plan to impose additional duties on up to 26 billion euros ($28 billion) of U.S. imports could significantly disrupt Europe’s livestock sector, which heavily relies on imported grains for animal feed, according to industry association FEFAC.
The new tariffs, part of the EU’s countermeasure to Washington’s levies on steel and aluminum, would reintroduce a suspended 25% duty on products such as corn from April 1 and extend additional duties to soybeans and other goods from April 13. FEFAC President Pedro Cordero warned that these measures would "adversely affect the resilience and competitiveness of EU livestock production systems," as higher feed costs could squeeze margins for farmers and meat producers across the bloc.
FEFAC highlighted that feed grains might serve as a bargaining chip in a negotiated settlement between the EU and the U.S. to avoid these tariffs. Cordero noted that with the EU’s current imports of U.S. feed commodities at around 4 billion euros, there is potential to double this figure to 8 billion euros. Such an increase could help reduce the existing U.S. agricultural trade deficit with the EU, which has long been a sticking point in transatlantic trade discussions.
The reimposition of the tariff on U.S. corn is particularly concerning for key European markets. With the 25% duty back in force, major importers like Spain could find U.S. corn prohibitively expensive, further straining the supply chain for animal feed. Market reactions were swift, as Chicago corn and soybean futures fell on Wednesday, reflecting growing apprehension among traders that Trump’s tariff policies and the EU’s countermeasures may dampen U.S. farm exports.
As the trade conflict continues to escalate, the agricultural sector is bracing for potential disruptions. The evolving tariff landscape underscores the complex interplay between trade policy and domestic economic interests on both sides of the Atlantic.
Ahead of the IAEA meeting in Vienna, Iran’s foreign minister reaffirmed the country’s refusal to halt uranium enrichment and warned Europe against seeking renewed UN sanctions, calling such efforts a “major strategic mistake.”
As NATO’s annual summit approaches later this month, allied defense chiefs are set to meet in Brussels Thursday for talks on key agenda items, with a proposed overhaul of defense spending targets in focus.
The European Commission has unveiled a draft budget for 2026, building on the mid-term revision of the 2021–2027 long-term financial framework. The revised plan responds to recent global challenges—including energy crisis, and rising geopolitical tensions—and aligns spending with the EU priorities.
As EU ministers debate potential changes to air passenger compensation laws, European airlines face a critical choice: cut costs or protect customer trust in an era where disruption is inevitable—and loyalty is everything.
European leaders are on high alert, preparing for critical talks with Donald Trump over Ukraine, NATO, and trade.
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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