The European Union is set to approve an initial round of targeted countermeasures on U.S. goods, aiming to present a united front against President Donald Trump's sweeping tariffs, as the bloc seeks to avoid escalation while keeping pressure on Washington to return to negotiations.
EU Seeks Unified Approach to U.S. Tariffs, Prepares Targeted Countermeasures
European Union member states are preparing to present a coordinated response in the coming days to U.S. President Donald Trump’s tariffs, with plans to approve an initial set of targeted countermeasures affecting up to $28 billion in U.S. imports — ranging from dental floss to diamonds.
If implemented, these actions would align the EU with other countries such as China and Canada that have already imposed retaliatory tariffs, potentially escalating trade tensions and raising concerns of a broader global trade conflict. Such developments could lead to higher consumer prices and increased economic strain worldwide.
The 27-member bloc faces U.S. tariffs of 25% on steel, aluminum, and automobiles, with an additional 20% “reciprocal” tariff set to apply from Wednesday on nearly all other goods.
Trump’s tariffs impact around 70% of the EU’s exports to the U.S., which totaled €532 billion ($585 billion) last year. Additional duties are anticipated on goods such as copper, pharmaceuticals, semiconductors, and timber.
The European Commission, responsible for shaping EU trade policy, is expected to present a proposal to member states outlining specific U.S. products to be targeted in response to the steel and aluminum duties. The list includes items such as meat, cereals, wine, wood, clothing, chewing gum, vacuum cleaners, toilet paper, and dental floss.
One product under particular scrutiny is bourbon, which the Commission has proposed to tax at 50%. This has sparked debate within the bloc and prompted a threat from President Trump of a 200% retaliatory tariff on European alcoholic beverages.
Major wine-exporting nations such as France and Italy have voiced reservations, emphasizing the need for consensus. The EU, which depends heavily on global trade, aims to ensure broad support for any measures taken, hoping this unity will encourage Washington to engage in negotiations.
On Monday, Luxembourg will host the first EU-wide political meeting since the announcement of the U.S. tariffs, bringing together trade ministers from all 27 member states to discuss the impacts and shape a collective response.
According to EU diplomats, the meeting’s primary objective is to deliver a unified message — expressing willingness to negotiate with the U.S. to remove the tariffs, while also making clear the EU is prepared to act if necessary.
“After Brexit, our biggest concern was the fragmentation of unity, but that didn’t happen,” one diplomat noted. “This is a different challenge, but everyone sees the value in a shared commercial policy.”
Diverging Views Within the EU
EU countries differ on the scope and scale of the response. France advocates for a comprehensive package beyond tariffs, with President Emmanuel Macron even suggesting European companies pause investments in the U.S. until there is clarity.
Ireland, which sends nearly a third of its exports to the U.S., favors a “considered and measured” approach. Meanwhile, Italy — the EU’s third-largest exporter to the U.S. — has questioned whether retaliatory steps are necessary at all.
“The balance is delicate,” said one EU official. “The response must be firm enough to bring the U.S. to the table, but not so strong as to trigger further escalation.”
So far, discussions with Washington have yielded little progress. EU trade chief Maroš Šefčovič characterized recent talks as “frank,” reiterating that the U.S. tariffs are “damaging and unjustified.”
The proposed EU countermeasures will be subject to a vote on Wednesday and are expected to pass unless blocked by a qualified majority — 15 of the 27 member states representing at least 65% of the EU population.
If approved, the measures would take effect in two stages: a limited portion on April 15, with the remainder to follow one month later.
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Chinese battery giant CATL is in talks to acquire a controlling stake in Nio’s power unit, which operates over 3,000 battery swapping stations across China. This deal highlights Nio's efforts to strengthen its position in the competitive EV market and expand its charging infrastructure.
Indonesia seeks a fair and equal trade relationship with the U.S. after the imposition of a 32% tariff, aiming for diplomacy and negotiations instead of retaliation. The country is considering increasing imports of U.S. goods and offering tax cuts in response to the tariffs.
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On World Health Day, FCHAIN highlights the deep connection between environmental sustainability and public health, reaffirming its commitment to eco-friendly practices and employee well-being.
Global stock markets experienced a dramatic sell-off on Monday as investors reacted to the latest surge in US tariffs, raising fears of a potential global economic slowdown. European and Asian shares plummeted sharply, while US futures signaled the risk of a bear market, and oil prices also slid.
Chinese battery giant CATL is in talks to acquire a controlling stake in Nio’s power unit, which operates over 3,000 battery swapping stations across China. This deal highlights Nio's efforts to strengthen its position in the competitive EV market and expand its charging infrastructure.
Indonesia seeks a fair and equal trade relationship with the U.S. after the imposition of a 32% tariff, aiming for diplomacy and negotiations instead of retaliation. The country is considering increasing imports of U.S. goods and offering tax cuts in response to the tariffs.
Ongoing uncertainty surrounding US President Donald Trump's tariff strategy has driven Bitcoin's value below the $75,000 mark on Monday.
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